Current:Home > ContactElon Musk has lost more money than anyone in history, Guinness World Records says -WealthRoots Academy
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-15 03:46:26
Tesla CEO Elon Musk has broken a record for the largest amount of money lost by one person, according to Guinness World Records.
Musk lost between $180 billion and $200 billion since November 2021, largely due to the poor performance of Tesla stocks in recent years, according to the report.
His fortune went from about $320 billion in 2021 to its current level of about $147 billion. Still, Musk remains the second-richest person in the world, behind Bernard Arnault, the CEO of luxury goods conglomerate LVMH, according to numbers by Forbes.
Despite Tesla setting new sales records in 2022 (it grew deliveries by 40% from the previous year), the stock lost 65% of its value in 2022, due to competitors.
The previous record for the most money lost by one person was $58.6 billion, set by Japanese tech investor Masayoshi Son in 2000, according to the Guinness report.
veryGood! (383)
Related
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Mishandled bodies, mixed-up remains prompt tougher funeral home regulations
- What does a jellyfish sting look like? Here's everything you need to know.
- Fed’s Powell highlights slowing job market in signal that rate cuts may be nearing
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Coast Guard suspends search for missing boater in Lake Erie; 2 others found alive, 1 dead
- Giada De Laurentiis Reunites With Ex Todd Thompson to Support Daughter Jade
- Alec Baldwin goes to trial for 'Rust' movie shooting: What you need to know
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Alec Baldwin goes to trial for 'Rust' movie shooting: What you need to know
Ranking
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- The White House faces many questions about Biden’s health and medical history. Here are some answers
- Melissa Gorga Weighs in on Real Housewives of New Jersey's Future Amid Recasting Rumors
- Get 40% Off Charlotte Tilbury, 50% Off Aritzia, 60% Off Adidas, 50% Off Gap Linen Styles & More Deals
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Sen. Bob Menendez put his power up for sale, prosecutors say in closing arguments of bribery trial
- More Americans say college just isn't worth it, survey finds
- As climate change alters lakes, tribes and conservationists fight for the future of spearfishing
Recommendation
Dick Vitale announces he is cancer free: 'Santa Claus came early'
Gypsy Rose Blanchard Claps Back at Fans for Visiting Home Where Her Mom Was Murdered
Delta and an airline that doesn’t fly yet say they’ll run flights between the US and Saudi Arabia
WADA did not mishandle Chinese Olympic doping case, investigator says
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
Nicolas Cage Shares He Didn't Expect to Have 3 Kids With 3 Different Women
Why Lena Dunham Feels Protective of Taylor Swift
Alec Baldwin goes to trial for 'Rust' movie shooting: What you need to know