Current:Home > MyElon 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
TradeEdge Exchange View
Date:2025-04-06 19:23:13
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! (73)
Related
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Dwayne The Rock Johnson Looks Unrecognizable as UFC Champ Mark Kerr in The Smashing Machine
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, More or Less
- Why Glen Powell Is Leaving Hollywood Behind to Move Back to Texas
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Viral Four Seasons baby takes internet by storm: 'She's so little but so grown'
- Butter Yellow: Spring/Summer 2024's Hottest Hue to Illuminate Your Wardrobe & Home With Sunshine Vibes
- Clark, Reese and Brink have already been a huge boon for WNBA with high attendance and ratings
- Highlights from Trump’s interview with Time magazine
- New York senator won’t face charges after he was accused of shoving an advocate
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- NYC is beginning to evict some people in migrant shelters under stricter rules
- Lauryn Hill takes top spot in Apple Music's 100 Best Albums, beating 'Thriller,' 'Abbey Road'
- NBC tabs Noah Eagle as play-by-play voice for 2024 French Open tennis coverage
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- At the ‘Super Bowl of Swine,’ global barbecuing traditions are the wood-smoked flavor of the day
- Louisiana lawmakers advance bill to reclassify abortion drugs, worrying doctors
- Grizzly that mauled hiker in Grand Teton National Park won’t be pursued
Recommendation
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Charlie Colin, founding member of Train, dies at 58: 'The sweetest guy'
Man indicted after creating thousands of AI-generated child sex abuse images, prosecutors say
Scary Mommy Blog Creator Jill Smokler Diagnosed With Aggressive Form of Brain Cancer
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Grizzly that mauled hiker in Grand Teton National Park won’t be pursued
At the ‘Super Bowl of Swine,’ global barbecuing traditions are the wood-smoked flavor of the day
Andrew Scott Addresses Connection Between Taylor Swift Album and Joe Alwyn Group Chat