Current:Home > MyElon Musk has lost more money than anyone in history, Guinness World Records says -LondonCapital
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-19 18:04:13
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! (69)
Related
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Poison reports for dogs surge 200% at Easter: What to know to keep dogs, other pets safe
- Abercrombie & Fitch’s Clearance Section Is Full of Cute Styles, Plus Almost Everything Else Is On Sale
- Uranium is being mined near the Grand Canyon as prices soar and the US pushes for more nuclear power
- Trump's 'stop
- James Madison moves quickly, hires Preston Spradlin as new men's basketball coach
- Sean Diddy Combs Seen for the First Time Since Federal Raids at His Homes
- Powerlifter Angel Flores, like other transgender athletes, tells her story in her own words
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- 9-year-old California boy leads police on chase while driving himself to school: Reports
Ranking
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Tish Cyrus opens up about 'issues' in relationship with husband Dominic Purcell
- At collapsed Baltimore bridge, focus shifts to the weighty job of removing the massive structure
- Could House control flip to the Democrats? Early resignations leave GOP majority on edge
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- A Filipino villager is nailed to a cross for the 35th time on Good Friday to pray for world peace
- Inmate escapes Hawaii jail, then dies after being struck by hit-and-run driver
- What restaurants are open Easter 2024? Details on Starbucks, McDonald's, fast food, takeout
Recommendation
Sam Taylor
Poison reports for dogs surge 200% at Easter: What to know to keep dogs, other pets safe
Are grocery stores open Easter 2024? See details for Costco, Kroger, Aldi, Publix, more
Diddy's houses were raided by law enforcement: What does this mean for the music mogul?
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
Brittney Griner re-signs with the Phoenix Mercury, will return for 11th season in WNBA
Christine Quinn Makes First Public Appearance Since Estranged Husband's Arrest
New trial denied for ‘Rust’ armorer convicted in fatal shooting of cinematographer by Alec Baldwin