Current:Home > MarketsElon Musk has lost more money than anyone in history, Guinness World Records says -Financium
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-18 05:29:01
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! (9)
Related
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Police seek man who they say fired at mugger inside New York City subway station
- House Republicans will subpoena Hunter and James Biden as their impeachment inquiry ramps back up
- Parents of a terminally ill baby lose UK legal battle to bring her home
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Barbra Streisand shares her secret for keeping performances honest
- Woman sues ex-Grammys CEO for sexual assault and accuses Recording Academy of negligence
- 8 dead in crash after police chased a suspected human smuggler, Texas officials say
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Biden says he asked Netanyahu for a pause in fighting on Monday
Ranking
- Questlove charts 50 years of SNL musical hits (and misses)
- Get In Bestie and Watch the First Mean Girls Musical Movie Trailer
- Texas earthquake: 5.3 magnitude quake hits western part of state early Wednesday
- Verdict is in: Texas voters tell oldest judges it’s time to retire
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Kentucky mom charged with fatally shooting her 2 children
- UN convoy stretching 9 kilometers ends harrowing trip in Mali that saw 37 peacekeepers hurt by IEDs
- Colorado couple arrested in connection with funeral home where 189 bodies found
Recommendation
North Carolina justices rule for restaurants in COVID
National Fried Chicken Sandwich Day returns! Catch these deals at Burger King, Popeyes and more
CMA Awards 2023: See Every Star on the Red Carpet
Tallulah Willis Shares Why Her Family Has Been So Candid About Dad Bruce Willis' Health
Intellectuals vs. The Internet
College Football Playoff rankings: Ohio State, Oklahoma among winners and losers
Minnesota Supreme Court dismisses ‘insurrection clause’ challenge and allows Trump on primary ballot
Judge sets bail for Indiana woman accused of driving into building she believed was ‘Israeli school’