Current:Home > ContactElon Musk has lost more money than anyone in history, Guinness World Records says -MoneyMatrix
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-14 05:56:39
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! (6)
Related
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- MS-13 gang leader who prosecutors say turned D.C. area into hunting ground sentenced to life in prison
- UnitedHealth data breach caused by lack of multifactor authentication, CEO says
- Enjoy Savings on Savings at Old Navy Where You'll Get An Extra 30% off Already Discounted Sale Styles
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- A United Airlines passenger got belligerent with flight attendants. Here's what that will cost him.
- Boston Bruins try again to oust Toronto Maple Leafs in NHL playoffs: How to watch Game 6
- Arkansas lawmakers approve new restrictions on cryptocurrency mines after backlash over ’23 law
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Jury at Abu Ghraib civil trial might not be able to reach verdict: judge says
Ranking
- 2 killed, 3 injured in shooting at makeshift club in Houston
- A fiery crash involving tanker carrying gas closes I-95 in Connecticut in both directions
- These Jaw-Dropping Met Gala Looks Are Worthy Of Their Own Museum Display
- Federal Reserve holds rates steady. Here's what that means for your money.
- The company planning a successor to Concorde makes its first supersonic test
- Violence breaks out at some pro-Palestinian campus protests
- Students reunite with families after armed boy fatally shot outside Mount Horeb school: Here's what we know
- The 10 Best e.l.f. Products That Work as Well (or Better) Than The High-End Stuff
Recommendation
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
2024 Kentucky Derby: Power ranking every horse in the field based on odds
Alex Hall Speaks Out on Cheating Allegations After Tyler Stanaland and Brittany Snow Divorce
'It's gonna be May' meme is back: Origins, what it means and why you'll see it on your feed
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
Gypsy Rose Blanchard Reveals How Her Nose Job Impacted Her Ego
North Carolina Republicans seek hundreds of millions of dollars more for school vouchers
Füllkrug fires Dortmund to 1-0 win over Mbappé's PSG in Champions League semifinal first leg