Current:Home > FinanceElon Musk has lost more money than anyone in history, Guinness World Records says -Golden Summit Finance
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-14 16:29:38
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! (3)
Related
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Stellantis recalls 1.5M Ram trucks to fix software bug that can disable stability control
- With father of suspect charged in Georgia shooting, will more parents be held responsible?
- Grand Canyon’s main water line has broken dozens of times. Why is it getting a major fix only now?
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- NASCAR Atlanta live updates: How to watch Sunday's Cup Series playoff race
- AEW All Out 2024 live updates, results, match card, grades and more
- Dorm Room Essentials That Are Actually Hella Convenient for Anyone Living in a Small Space
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Ratepayers Have Had Enough Of Rising Energy Bills
Ranking
- Former longtime South Carolina congressman John Spratt dies at 82
- Bama Rush, step aside! 3-year-old star of 'Toddler Rush' combines cuteness and couture
- In their tennis era, Taylor Swift and Travis Kelce cheer at U.S. Open final
- Bengals could be without WRs Ja’Marr Chase and Tee Higgins on Sunday against the Patriots
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Cardinals' DeeJay Dallas gets first touchdown return under NFL's new kickoff rules
- How to pick the best preschool or child care center for your child
- Grief, pain, hope and faith at church services following latest deadly school shooting
Recommendation
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
College football upsets yesterday: Week 2 scores saw ranked losses, close calls
After 26 years, a Border Patrol agent has a new role: helping migrants
Multiple people shot along I-75 south of Lexington, Kentucky, authorities say
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
Inside Alix Earle's Winning Romance With NFL Player Braxton Berrios
Michigan groom accused of running over groomsman, killing him, bride arrested, too
Georgia school shooting highlights fears about classroom cellphone bans