Current:Home > NewsElon Musk has lost more money than anyone in history, Guinness World Records says -AssetPath
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-17 23:48:00
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! (177)
Related
- Travis Hunter, the 2
- Katy Perry Gives Update on Her Sobriety Pact With Orlando Bloom
- Kate Spade 24-Hour Flash Deal: Get This $250 Crossbody Bag for Just $79
- A surprise-billing law loophole? Her pregnancy led to a six-figure hospital bill
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- She left her 2007 iPhone in its box for over a decade. It just sold for $63K
- Dozens of U.K. companies will keep the 4-day workweek after a pilot program ends
- How Much Did Ancient Land-Clearing Fires in New Zealand Affect the Climate?
- Senate begins final push to expand Social Security benefits for millions of people
- Warming Trends: Climate Divide in the Classroom, an All-Electric City and Rising Global Temperatures’ Effects on Mental Health
Ranking
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- The economic war against Russia, a year later
- Arby's+? More restaurants try subscription programs to keep eaters coming back
- A Deadly Summer in the Pacific Northwest Augurs More Heat Waves, and More Deaths to Come
- Stamford Road collision sends motorcyclist flying; driver arrested
- Powerball jackpot climbs to $900 million after another drawing with no winners
- Biden’s Pipeline Dilemma: How to Build a Clean Energy Future While Shoring Up the Present’s Carbon-Intensive Infrastructure
- Cartoonists say a rebuke of 'Dilbert' creator Scott Adams is long overdue
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
The NHL and Chemours Are Spreading ‘Dangerous Misinformation’ About Ice-Rink Refrigerants, a New Report Says
To be a happier worker, exercise your social muscle
From Denial to Ambiguity: A New Study Charts the Trajectory of ExxonMobil’s Climate Messaging
The Louvre will be renovated and the 'Mona Lisa' will have her own room
Tomato shortages hit British stores. Is Brexit to blame?
In a New Policy Statement, the Nation’s Physicists Toughen Their Stance on Climate Change, Stressing Its Reality and Urgency
Nissan recalls over 800K SUVs because a key defect can cut off the engine