Current:Home > NewsElon 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:2025-04-14 17:45:54
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! (23668)
Related
- In ‘Nickel Boys,’ striving for a new way to see
- J.Crew, Coach Outlet, Ulta & 20 More Sales You Must Shop This Weekend
- Pilgrims yearn to visit isolated peninsula where Catholic saints cared for Hawaii’s leprosy patients
- Tougher penalties for rioting, power station attacks among new North Carolina laws starting Friday
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Indianapolis police officer fatally shoots man who was holding bleeding woman inside semitruck
- It's time for Christmas music! 50 of the best songs to get you in the holiday spirit
- What to know about the widening cantaloupe recall over deadly salmonella risks
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Trump and DeSantis will hold dueling campaign events in Iowa with the caucuses just six weeks away
Ranking
- Rylee Arnold Shares a Long
- Female athletes sue the University of Oregon alleging Title IX violations by the school
- The Essentials: Dove Cameron gets vulnerable on 'Alchemical.' Here are her writing musts
- Judge dismisses legal challenge against Virginia state senator over residency allegations
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- 5 takeaways from AP’s Black attorneys general interviews about race, justice and politics
- UN ends political mission in Sudan, where world hasn’t been able to stop bloodshed
- Las Vegas police search for suspect after 5 homeless people are shot, killing 2
Recommendation
Where will Elmo go? HBO moves away from 'Sesame Street'
Tennessee’s penalties for HIV-positive people are discriminatory, Justice Department says
Justice Sandra Day O’Connor paved a path for women on the Supreme Court
Takeaways from Friday’s events at UN climate conference known as COP28
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Man pleads guilty to 2022 firebombing of Wisconsin anti-abortion office
Russia’s Lavrov insists goals in Ukraine are unchanged as he faces criticism at security talks
Guatemalan electoral magistrates leave the country hours after losing immunity from prosecution