Current:Home > InvestElon Musk has lost more money than anyone in history, Guinness World Records says -Bright Future Finance
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-25 09:38:43
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! (295)
Related
- Global Warming Set the Stage for Los Angeles Fires
- ICHCOIN Trading Center: Crisis Eases, Bull Market Strengthens
- ICHCOIN Trading Center: Crisis Eases, Bull Market Strengthens
- Dunkin' employees in Texas threatened irate customer with gun, El Paso police say
- Retirement planning: 3 crucial moves everyone should make before 2025
- Congo’s presidential vote is extended as delays and smudged ballots lead to fears about credibility
- California’s top prosecutor won’t seek charges in 2020 fatal police shooting of Bay Area man
- Mortgage rate for a typical home loan falls to 6.8% — lowest since June
- Global Warming Set the Stage for Los Angeles Fires
- Florida suspect shoots at deputies before standoff at home which he set on fire, authorities say
Ranking
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Former NBA player allegedly admitted to fatally strangling woman in Las Vegas, court documents show
- Challengers attack Georgia’s redrawn congressional and legislative districts in court hearing
- They've left me behind, American Paul Whelan says from Russian prison after failed bid to secure release
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Ohio prosecutor says he’s duty bound to bring miscarriage case to a grand jury
- At least 100 elephant deaths in Zimbabwe national park blamed on drought, climate change
- After 2 grisly killings, a small Nebraska community wonders if any place is really safe
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
Man accused in assaults on trail now charged in 2003 rape, murder of Philadelphia medical student
Suriname’s ex-dictator sentenced to 20 years in prison for the 1982 killings of political opponents
In federal challenge to Mississippi law, arguments focus on racial discrimination and public safety
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Homeless numbers in Los Angeles could surge again, even as thousands move to temporary shelter
Texas begins flying migrants from US-Mexico border to Chicago, with 1st plane carrying 120 people
Pompeii’s ancient art of textile dyeing is revived to show another side of life before eruption