Current:Home > reviewsElon Musk has lost more money than anyone in history, Guinness World Records says -GlobalInvest
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-14 07:21:28
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! (7138)
Related
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Logan Airport ‘not an appropriate place’ for migrants arriving daily, Massport CEO says
- Why “Mama Bear” Paris Hilton Hit Back at Negative Comments About Her Baby Boy Phoenix
- Israeli troops kill 5 Palestinians, including 3 militants, as West Bank violence surges
- 'We're reborn!' Gazans express joy at returning home to north
- IBM pulls ads from Elon Musk’s X after report says they appeared next to antisemitic posts
- Would Lions coach Dan Campbell ditch Detroit to take over Texas A&M football?
- US sanctions Iran-backed militia members in Iraq conducting strikes against American forces
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- George Brown, drummer and co-founder of Kool & The Gang, dead at 74
Ranking
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- In death, one cancer patient helps to erase millions in medical debt
- Miracle dog who survived 72 days in the Colorado mountains after her owner's death is recovering, had ravenous appetite
- Las Vegas high schoolers facing murder charges in their classmate’s death due in court
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Karol G wins album of the year at 2023 Latin Grammys: See the winners list
- Advertiser exodus grows as Elon Musk's X struggles to calm concerns over antisemitism
- Dex Carvey, son of comedian Dana Carvey, dies at 32 of accidental overdose
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
NFL broadcaster Charissa Thompson says she made up sideline reports during games
Miracle dog who survived 72 days in the Colorado mountains after her owner's death is recovering, had ravenous appetite
Hundreds of Salem Hospital patients warned of possible exposure to hepatitis, HIV
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
Pets will not be allowed in new apartments for Alaska lawmakers and staff
Want to make your to-do list virtual? Here's how to strikethrough in Google Docs
As fighting surges in Myanmar, an airstrike in the west reportedly kills 11 civilians