Current:Home > InvestElon Musk has lost more money than anyone in history, Guinness World Records says -TradeBridge
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-15 07:05:33
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! (5464)
Related
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Gabby Thomas advances to women's 200m semis; Shericka Jackson withdraws
- 1 deputy killed, 2 other deputies injured in ambush in Florida, sheriff says
- Xochitl Gomez Reveals Marvel-ous Skincare Lessons and Products for Under $5
- Meta releases AI model to enhance Metaverse experience
- Save 80% on Michael Kors, 50% on Banana Republic, 70% on Gap & Today's Best Deals
- Louisiana mayor who recently resigned now faces child sex crime charges
- USA breaks world record, wins swimming Olympic gold in women's medley relay
- Former longtime South Carolina congressman John Spratt dies at 82
- Buying Taylor Swift tickets at face value? These fans make it possible
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Angelina Jolie and Brad Pitt’s Son Pax Recovering From Trauma After Bike Accident
- Robert F. Kennedy in NY court as he fights ballot-access suit claiming he doesn’t live in the state
- Taylor Swift didn't 'give a warning sign' for this acoustic set song in Warsaw
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Olympic medals today: What is the medal count at 2024 Paris Games on Monday?
- Archery's Brady Ellison wins silver, barely misses his first gold on final arrow
- The Daily Money: A rout for stocks
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
Olympic triathlon mixed relay gets underway with swims in the Seine amid water quality concerns
USA's Suni Lee won Olympic bronze in a stacked bars final. Why this one means even more
Frontier Airlines pilot arrested at Houston airport, forcing flight’s cancellation
Nearly half of US teens are online ‘constantly,’ Pew report finds
US conquers murky Siene for silver in mixed triathlon relay: Don't care 'if I get sick'
Am I too old to open a Roth IRA? Don't count yourself out just yet
You'll have a hard time retiring without this, and it's not money