Current:Home > ContactElon Musk has lost more money than anyone in history, Guinness World Records says -ForexStream
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-15 20:21:26
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
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Lego just unveiled its Animal Crossing sets coming in 2024. Here's a first look
- Joe Jonas and Sophie Turner Share Insight Into Their Co-Parenting Relationship After Custody Agreement
- RHOC's Tamra Judge Slams Disgusting Ozempic Claims After Suffering Intestinal Obstruction
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- 2 top Polish military commanders resign in a spat with the defense minister
- The Voice Coaches Deliver Their Own Epic Real Housewife Taglines
- Shop Amazon’s Prime Day 2023 Best Beauty Deals: Laneige, Color Wow, Sunday Riley & More
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Grand and contentious, the world's largest Hindu temple is opening in New Jersey
Ranking
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- 5 Things podcast: Israel hits Gaza with slew of airstrikes after weekend Hamas attacks
- Will Ferrell is surprise DJ at USC frat party during parents weekend
- After waking up 'to zero voice at all,' Scott Van Pelt forced to miss 'Monday Night Countdown'
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Guatemala’s president threatens a crackdown on road blockades in support of the president-elect
- Vanderpump Rules' Raquel Leviss Auctioning Off Scandoval Lightning Bolt Necklace for Charity
- Diamondbacks are stunning baseball world, leaving Dodgers on the brink of elimination
Recommendation
A South Texas lawmaker’s 15
Aid groups scramble to help as Israel-Hamas war intensifies and Gaza blockade complicates efforts
Dollars and sense: Can financial literacy help students learn math?
Mother bear killed after charging 2 boys in Colorado; tranquilized cub also dies
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
The future of electric vehicles looms over negotiations in the US autoworkers strike
Here's a hot new product: Vlasic pickles made with Frank's RedHot sauce
What we know about the Americans killed in the Israel-Hamas war