Current:Home > reviewsElon Musk has lost more money than anyone in history, Guinness World Records says -GrowthProspect
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-13 18:47:51
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! (234)
Related
- DoorDash steps up driver ID checks after traffic safety complaints
- Mexico’s homicide rate dropped in 2022, but appears to flatline in 2023, official figures show
- Adam Rich, former 'Eight Is Enough' child star, dies at 54
- 23-year-old Clemson student dead after Rolling Loud concert near Miami
- Trump issues order to ban transgender troops from serving openly in the military
- U.N. Command talking with North Korea about fate of Travis King, American soldier who crossed border
- Author Maia Kobabe: Struggling kids told me my book helped them talk to parents
- Biden honors Emmett Till and his mother with new national monument
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- From cycling to foraging, here's what we were really into this year
Ranking
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Far-right activist Ammon Bundy loses defamation case and faces millions of dollars in fines
- He's edited Caro, le Carré and 'Catch-22,' but doesn't mind if you don't know his name
- Judge in Parkland school shooting trial reprimanded for showing bias against shooter's defense team
- A South Texas lawmaker’s 15
- TikTok adds new text post feature to app. Here's where to find it.
- Biden's DOJ sues Texas over floating barrier, update on 'fake electors': 5 Things podcast
- Iran releases a top actress who was held for criticizing the crackdown on protests
Recommendation
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
Trader Joe's has issued recalls for 2 types of cookies that could contain rocks
Flooding closes part of Seattle-Tacoma International Airport concourse
Triple-digit ocean temps in Florida could be a global record
Pressure on a veteran and senator shows what’s next for those who oppose Trump
Brian Flores' racial discrimination lawsuit against NFL can go to trial, judge says
At 16, American teen Casey Phair becomes youngest player to make World Cup debut
Mega Millions jackpot grows to $820M ahead of Tuesday's drawing