Current:Home > MarketsElon Musk has lost more money than anyone in history, Guinness World Records says -TradeWise
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-14 05:15:26
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! (6929)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Texas wanted armed officers at every school after Uvalde. Many can’t meet that standard
- Late night TV hosts team up for a new podcast amid the writers' strike
- More than 60 gay suspects detained at same-sex wedding in Nigeria
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Aubrey Paige Offers Rare Look Into Summer Dates With Ryan Seacrest
- Have a food allergy? Your broken skin barrier might be to blame
- ACC clears way to add Stanford, Cal, SMU, AP sources say, providing escape for 2 Pac-12 schools
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- 6-month-old pup finds home with a Connecticut fire department after being rescued from hot car
Ranking
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Pope makes first visit to Mongolia as Vatican relations with Russia and China are again strained
- Fast-track deportation program for migrant families off to slow start as border crossings rise
- In final hours before landfall, Hurricane Idalia stopped intensifying and turned from Tallahassee
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- One dead, at least two injured in stabbings at jail in Atlanta that is under federal investigation
- Scientists say study found a direct link between greenhouse gas emissions and polar bear survival
- From 'Super Mario Bros.' to 'The Flash,' here are 15 movies you need to stream right now
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Hawaii cultural figures lead statewide 'healing' vigil following deadly wildfires
Shotgun-wielding man reported outside a Black church in Pennsylvania arrested, police say
Late night TV hosts team up for a new podcast amid the writers' strike
The White House is cracking down on overdraft fees
EU grapples with its African army training dilemma as another coup rocks the continent
Gabon coup attempt sees military chiefs declare election results cancelled and end to current regime
Two and a Half Men's Angus T. Jones Spotted on Rare Outing—With His Flip Phone