Current:Home > FinanceElon Musk has lost more money than anyone in history, Guinness World Records says -Quantum Capital Pro
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-11 20:13:31
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! (8731)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Who is in the women's Final Four? Iowa joins South Carolina, NC State
- Severe thunderstorms threaten central and eastern US with floods, hail and tornadoes
- Vanderpump Rules’ Rachel “Raquel” Leviss Is One Year Sober Amid Mental Health Journey
- A South Texas lawmaker’s 15
- Shop Major Urban Decay Cosmetics Discounts, 63% Off Abercrombie Onesies and Today’s Best Deals
- Multiple people hurt in Texas crash involving as many as 30 vehicles during dust storm
- Stock market today: Asia markets are mixed after Wall Street’s strong manufacturing data
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- One dead, 5 wounded in shooting at Easter brunch in Nashville restaurant
Ranking
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Thinking about buying Truth Social stock? Trump's own filing offers these warnings.
- Take Center Stage At Coachella & Stagecoach With These Eye-Catching Festival Makeup Picks
- A 12-year-old student opens fire at a school in Finland, killing 1 and wounding 2 others
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Most of us want to live to 100. Wait until you hear how much that retirement costs.
- What customers should know about AT&T's massive data breach
- An Iowa woman is sentenced in a ballot box stuffing scheme that supported husband’s campaign
Recommendation
Sonya Massey's father decries possible release of former deputy charged with her death
Rebel Wilson Shares She Tried Ozempic Amid Weight-Loss Journey
Rep. Mike Turner says there is a chaos caucus who want to block any Congressional action
Tate McRae Addresses Rumors She Was Justin Bieber's Backup Dancer
Trump's 'stop
Arizona names Pluto as its official state planet — except it's technically not a planet
Christians in Jerusalem cautiously celebrate Easter amid Israel-Hamas war
How a biased test kept thousands of Black patients from getting a new kidney