Current:Home > InvestElon Musk has lost more money than anyone in history, Guinness World Records says -Infinite Edge Capital
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-13 02:13:32
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! (41574)
Related
- Louvre will undergo expansion and restoration project, Macron says
- Gas stoves became part of the culture war in less than a week. Here's why
- Trump indictment timeline: What's next for the federal documents case?
- U.S. Military Report Warns Climate Change Threatens Key Bases
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- New Apps for Solar Installers Providing Competitive Edge
- What does the Presidential Records Act say, and how does it apply to Trump?
- Why Trump didn't get a mugshot — and wasn't even technically arrested — at his arraignment
- Arkansas State Police probe death of woman found after officer
- UPS drivers are finally getting air conditioning
Ranking
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Hydrogen Bus Launched on London Tourist Route
- More than half of employees are disengaged, or quiet quitting their jobs
- Eva Mendes Proves She’s Ryan Gosling’s No. 1 Fan With Fantastic Barbie T-Shirt
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- The White House plans to end COVID emergency declarations in May
- 7 tiny hacks that can improve your to-do list
- You Won't Calm Down Over Taylor Swift and Matty Healy's Latest NYC Outing
Recommendation
Skins Game to make return to Thanksgiving week with a modern look
Scant obesity training in medical school leaves docs ill-prepared to help patients
Meadow Walker Shares Heartwarming Signs She Receives From Late Dad Paul Walker
World Health Leaders: Climate Change Is Putting Lives, Health Systems at Risk
House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
Federal Report Urges Shoring Up Aging Natural Gas Storage Facilities to Prevent Leaks
Therapy by chatbot? The promise and challenges in using AI for mental health
Friday at the beach in Mogadishu: Optimism shines through despite Somalia's woes