Current:Home > StocksElon Musk has lost more money than anyone in history, Guinness World Records says -Wealth Impact Academy
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-15 15:49:13
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! (385)
Related
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Poland’s new government appoints new chiefs for intelligence, security and anti-corruption agencies
- Jennifer Love Hewitt Slams Sexualization of Her Younger Self
- Brazil lawsuits link JBS to destruction of Amazon in protected area, seek millions in damages
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Everyone in Houston has a Beyoncé story, it seems. Visit the friendly city with this guide.
- How to help foreign-born employees improve their English skills? Ask HR
- 2 Guinean children are abandoned in Colombian airport as African migrants take new route to US
- A White House order claims to end 'censorship.' What does that mean?
- Ryan Reynolds, Rob McElhenney lovingly spoof Wham!'s 'Last Christmas' single cover
Ranking
- Trump wants to turn the clock on daylight saving time
- Why Sydney Sweeney Wanted a Boob Job in High School
- Mariah Carey's 'All I Want for Christmas' tops Billboard's Hot 100 for fifth year in a row
- Australia and New Zealand leaders seek closer defense ties
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Wisconsin Assembly’s top Republican wants to review diversity positions across state agencies
- Ancient curse tablet targeting unlucky pair unearthed by archaeologists in Germany
- Guy Fieri Says His Kids Won't Inherit His Fortune Unless They Do This
Recommendation
Trump wants to turn the clock on daylight saving time
Chileans eschew extremes in quest for new constitution and end up with the old one
Cause remains unclear for Arizona house fire that left 5 people dead including 3 young children
Aaron Rodgers indicates he won't return this season, ending early comeback bid from torn Achilles
This was the average Social Security benefit in 2004, and here's what it is now
Reproductive rights group urges Ohio prosecutor to drop criminal charge against woman who miscarried
Social Security is boosting benefits in 2024. Here's when you'll get your cost-of-living increase.
Group turned away at Mexican holiday party returned with gunmen killing 11, investigators say