Current:Home > InvestElon Musk has lost more money than anyone in history, Guinness World Records says -Pinnacle Profit Strategies
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-18 12:20:51
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! (3)
Related
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- 4-year-old American Abigail Mor Edan among third group of hostages released by Hamas
- Woman’s decades-old mosaic of yard rocks and decorative art work may have to go
- Assailants in latest ship attack near Yemen were likely Somali, not Houthi rebels, Pentagon says
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Woman shocked with Taser while on ground is suing police officer and chief for not reporting it
- Report says Wisconsin Gov. Tony Evers used alternate email under name of Hall of Fame pitcher
- 12 tips and tricks to unlock the full potential of your iPhone
- In ‘Nickel Boys,’ striving for a new way to see
- Woman shocked with Taser while on ground is suing police officer and chief for not reporting it
Ranking
- Why members of two of EPA's influential science advisory committees were let go
- Flight recorder recovered from Navy spy plane that overshot runway in Hawaii
- College Football Playoff scenarios: How each of the eight teams left can make field
- UK government reaches a pay deal with senior doctors that could end disruptive strikes
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Failed wheel bearing caused Kentucky train derailment, CSX says
- Late Show’s Stephen Colbert Suffers Ruptured Appendix
- Police arrest suspect in possible 'hate-motivated' shooting of three Palestinian students
Recommendation
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
What Lou Holtz thinks of Ohio State's loss to Michigan: 'They aren't real happy'
Indiana couple, 2 dogs, die when single-engine plane crashes in western Michigan after takeoff
Live updates | Israel and Hamas prepare for fourth swap as mediators seek to extend cease-fire
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Walmart Cyber Monday Sale 2023: Get a $550 Tablet for $140, $70 Bed Sheets for $16 & More
Fighting the good fight against ALS
Sentimental but not soppy, 'Fallen Leaves' gives off the magic glow of a fable