Current:Home > MarketsElon Musk has lost more money than anyone in history, Guinness World Records says -WealthSphere Pro
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-19 13:23:11
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! (28962)
Related
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- 'Too fat for cinema': Ridley Scott teases 'Napoleon' extended cut to stream on Apple TV+
- The body of an abducted anti-mining activist is found in western Mexico
- The body of an abducted anti-mining activist is found in western Mexico
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- 2 teens shot, suspect arrested at downtown Cleveland plaza after annual tree-lighting ceremony
- Girl, 11, confirmed as fourth victim of Alaska landslide, two people still missing
- Israel-Hamas war rages with cease-fire delayed, Israeli hostage and Palestinian prisoner families left to hope
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Behind the Scenes Secrets of Frozen That We Can't Let Go
Ranking
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Watch: Alabama beats Auburn behind miracle 31-yard touchdown on fourth-and-goal
- Michigan, Washington move up in top five of US LBM Coaches Poll, while Ohio State tumbles
- Jordan’s top diplomat wants to align Europeans behind a call for a permanent cease-fire in Gaza
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Playing in the Dirty (NFC) South means team can win the division with a losing record
- Texas A&M aiming to hire Duke football's Mike Elko as next head coach, per reports
- Wild goaltender Marc-Andre Fleury in mask issue shows he's better than NHL leadership
Recommendation
A South Texas lawmaker’s 15
3,000 ancient coins and gems unearthed at Italy's Pompeii of the north — with only 10% of the site searched so far
Tom Allen won’t return for eighth season as Indiana Hoosiers coach, AP sources say
Dwayne Johnson and Lauren Hashian Serve Up Sweet Musical Treat for Thanksgiving
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Why do they give? Donors speak about what moves them and how they plan end-of-year donations
Syria says an Israeli airstrike hit the Damascus airport and put it out of service
Stray dogs might be euthanized due to overcrowding at Georgia animal shelters