Current:Home > MarketsElon 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:2025-04-17 19:23:10
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! (8)
Related
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- A massive pay cut for federal wildland firefighters may be averted. But not for long
- With launch license in hand, SpaceX plans second test flight of Starship rocket Friday
- New protests in Greece over Roma youth’s fatal shooting by police following car chase
- Federal hiring is about to get the Trump treatment
- Experts decode 'cozy' dress code for Beyoncé film premiere: 'I do not foresee simplicity'
- Michigan has no records of Connor Stalions filing any expense reports, FOIA request shows
- Cambodia inaugurates new Chinese-funded airport serving popular tourist destination of Angkor Wat
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- German railway runs much-reduced schedule as drivers’ union stages a 20-hour strike
Ranking
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Blake Snell wins NL Cy Young Award, 7th pitcher to take home prize in both leagues
- Microgrids Can Bolster Creaky Electricity Systems, But Most States Do Little to Encourage Their Development
- A first look at the newest Hyundai Santa Fe for 2024
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Mattel walked back pledge to donate millions to UCLA children's hospital, lawsuit claims
- Justin Torres wins at National Book Awards as authors call for cease-fire in Gaza
- Judge dismisses lawsuit challenging voucher-like program for private schools
Recommendation
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
Blackwater founder and 4 others on trial in Austria over export of modified crop-spraying planes
How to change margins in Google Docs: A guide for computer, iPad, iPhone, Android users.
Taylor Swift’s Ex Joe Alwyn Makes First Public Appearance in 6 Months
Intel's stock did something it hasn't done since 2022
Grandmother and her family try mushroom tea in hopes of psychedelic-assisted healing
Progress in childhood cancer has stalled for Blacks and Hispanics, report says
Suspect in fatal Hawaii nurse stabbing pleaded guilty last year to assaulting mental health worker