Current:Home > StocksElon Musk has lost more money than anyone in history, Guinness World Records says -LegacyBuild Academy
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-16 14:43:20
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! (56)
Related
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- 14-year-old boy charged with murder after stabbing at NC school kills 1 student, injures another
- Germany is having a budget crisis. With the economy struggling, it’s not the best time
- Morgan Wallen tops Apple Music’s 2023 song chart while Taylor Swift and SZA also top streaming lists
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Cyber Monday is the biggest online shopping day of the year — thanks to deals and hype
- Sandy Hook families offer to settle Alex Jones’ $1.5 billion legal debt for a minimum of $85 million
- More allegations emerge about former Missouri police officer charged with assaulting arrestees
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Hungry for victory? Pop-Tarts Bowl will feature first edible mascot
Ranking
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Tribes do their part to keep air clean. Now, they want to make sure pollution from afar doesn't put that at risk.
- Michigan police chase 12-year-old boy operating stolen forklift
- Latvia’s chief diplomat pursues NATO’s top job, saying a clear vision on Russia is needed
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- See The Crown Recreate Kate Middleton's Sheer Lingerie Look That Caught Prince William's Eye
- UNC Chapel Hill shooting suspect found unfit to stand trial, judge rules
- Philippine government and communist rebels agree to resume talks to end a deadly protracted conflict
Recommendation
The White House is cracking down on overdraft fees
Finland plans to close its entire border with Russia over migration concerns
Minnesota Wild fire coach Dean Evason amid disappointing start, hire John Hynes
2 men, 1 woman dead after shooting at NJ residence, authorities say
Senate begins final push to expand Social Security benefits for millions of people
Jill Biden unveils White House holiday decorations: 98 Christmas trees, 34K ornaments
Philippine government and communist rebels agree to resume talks to end a deadly protracted conflict
See Morgan Wade Make Her RHOBH Debut After Being Stalked by Kyle Richards