Current:Home > FinanceElon Musk has lost more money than anyone in history, Guinness World Records says -DataFinance
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-15 01:11:55
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! (94)
Related
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Tennessee governor, congressman discuss safety on visit to Jewish school that foiled armed intrusion
- Luxury California home — complete with meth lab and contamination — selling for $1.55 million
- Actor Robert De Niro tells a jury in a lawsuit by his ex-assistant: ‘This is all nonsense’
- Trump's 'stop
- Why Bob Saget's Wife Kelly Rizzo Says Matthew Perry’s Death Hit Home for Her
- Jeff Wilson, Washington state senator arrested in Hong Kong for having gun in carry-on, gets charge dismissed
- Joseph Czuba pleads not guilty in stabbing of 6-year-old Palestinian American boy
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- 5 Things podcast: Americans are obsessed with true crime. Is that a good thing?
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- As Israel ramps up its ground war, Hamas says death toll in Gaza Strip has soared over 8,000
- Aaron Spears, drummer for Ariana Grande and Usher, dies at 47: 'Absolute brightest light'
- King Charles III is in Kenya for a state visit, his first to a Commonwealth country as king
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Federal charge says former North Dakota lawmaker traveled to Prague with intent to rape minor
- The best Halloween costumes we've seen around the country this year (celebs not included)
- Why Bob Saget's Wife Kelly Rizzo Says Matthew Perry’s Death Hit Home for Her
Recommendation
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
Golden Bachelor’s Sandra Mason Reacts to Criticism Over Missing Daughter’s Wedding for the Show
Spain’s bishops apologize for sex abuses but dispute the estimated number of victims in report
Ex-North Dakota lawmaker charged with traveling to Czech Republic for sex with minor
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Rare sighting: Tennessee couple spots and encounters albino deer three times in one week
Kate Hudson Reflects on Conversations With Late Matthew Perry About Trials and Tribulations of Love
ACC releases college football schedules for 2024-30 with additions of Stanford, Cal, SMU