Current:Home > MyElon Musk has lost more money than anyone in history, Guinness World Records says -StockLine
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-24 19:54:11
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! (2894)
Related
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Have the Courage To Wear a Full Denim Look This Spring With Coach’s New Jean-Inspired Drop
- Jury convicts first rioter to enter Capitol building during Jan. 6 attack
- Q&A: Former EPA Administrator Gina McCarthy on New Air Pollution Regulations—and Women’s Roles in Bringing Them About
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Paul Giamatti's own high school years came in handy in 'The Holdovers'
- Firefighters face difficult weather conditions as they battle the largest wildfire in Texas history
- Rihanna Performs First Full Concert in 8 Years at Billionaire Ambani Family’s Pre-Wedding Event in India
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Caitlin Clark, the Tiger Woods of women's basketball, changes everything for Indiana, WNBA
Ranking
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Record Winter Heat, Dry Air Helped Drive Panhandle Fire Risk
- Hungry for Some Good Eats? Kate Hudson, Francia Raisa and More Stars Reveal Their Go-To Snacks
- The 15 best movies with Adam Sandler, ranked (including Netflix's new 'Spaceman')
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Removed during protests, Louisville's statue of King Louis XVI is still in limbo
- An arrest has been made in the slaying of a pregnant Amish woman in Pennsylvania
- As Texas crews battle largest wildfire in state history, more fire weather ahead: Live updates
Recommendation
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Caitlin Clark's scoring record doesn't matter. She's bigger than any number
Paul Giamatti's own high school years came in handy in 'The Holdovers'
As Caitlin Clark closes in on all-time scoring record, how to watch Iowa vs. Ohio State
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Trove of ancient skulls and bones found stacked on top of each other during construction project in Mexico
Pharrell encouraged Miley Cyrus to 'go for it' and shed Hannah Montana image from Disney
Ultra-processed foods may raise risk of diabetes, heart disease — even early death: study