Current:Home > NewsElon Musk has lost more money than anyone in history, Guinness World Records says -WealthMindset Learning
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-12 08:48:21
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! (2239)
Related
- Former Syrian official arrested in California who oversaw prison charged with torture
- MLB trade deadline revisited: Dodgers pulled off heist to get new bullpen ace
- Scams are in the air this election season: How to spot phony donations, fake news
- Why an ominous warning didn't stop Georgia school shooting
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- A Colorado State Patrol trooper is shot while parked along a highway and kills gunman
- Brandon Sanderson's next Stormlight Archive book is coming. New fans should start elsewhere
- Taylor Swift and Travis Kelce's Romantic Weekend Includes Wedding and U.S. Open Dates
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- A Colorado State Patrol trooper is shot while parked along a highway and kills gunman
Ranking
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Commanders QB Jayden Daniels scores first career NFL touchdown on run
- Who are Sunday's NFL starting quarterbacks? Caleb Williams, Jayden Daniels to make debut
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Mountainsides
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Packers QB Jordan Love suffers MCL sprain in loss to Eagles
- Empty Starliner on its way home: Troubled Boeing craft undocks from space station
- Michigan groom accused of running over groomsman, killing him, bride arrested, too
Recommendation
DoorDash steps up driver ID checks after traffic safety complaints
‘The Room Next Door’ wins top prize at Venice Film Festival
A Colorado State Patrol trooper is shot while parked along a highway and kills gunman
Packers QB Jordan Love suffers MCL sprain in loss to Eagles
Trump invites nearly all federal workers to quit now, get paid through September
‘The Bear’ and ‘Shogun’ could start claiming trophies early at Creative Arts Emmy Awards
No. 3 Texas football, Quinn Ewers don't need karma in smashing defeat of No. 9 Michigan
Get 50% Off Fenty Beauty by Rihanna Liquid Lipstick That Lasts All Day, Plus $9 Ulta Deals