Current:Home > reviewsElon Musk has lost more money than anyone in history, Guinness World Records says -VisionFunds
Elon Musk has lost more money than anyone in history, Guinness World Records says
TradeEdge Exchange View
Date:2025-04-06 15:26:13
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! (323)
Related
- The company planning a successor to Concorde makes its first supersonic test
- Dior triumphs with Parisian runway melding women’s past and future
- Why a Jets trade for Vikings QB Kirk Cousins makes sense for both teams in sinking seasons
- United Farm Workers endorses Biden, says he’s an ‘authentic champion’ for workers and their families
- B.A. Parker is learning the banjo
- Why Patrick Mahomes Felt “Pressure” Having Taylor Swift Cheering on Travis Kelce at NFL Game
- Moody's says a government shutdown would be 'negative' for US credit rating
- Alibaba will spin off its logistics arm Cainiao in an IPO in Hong Kong
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- There's a good chance you're not planning for retirement correctly. Here's why.
Ranking
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Alexandra Grant Shares Rare Insight Into Relationship with Keanu Reeves
- Amazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellers
- When does 'The Kardashians' come back? Season 4 premiere date, schedule, how to watch
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- U.S. Coast Guard spots critically endangered whales off Louisiana
- Job alert! Paris Olympics are looking for cooks, security guards and others to fill 16,000 vacancies
- Blinken: U.S. expects accountability from India after Canada accuses it of being involved in death of Sikh activist
Recommendation
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
'People Collide' is a 'Freaky Friday'-type exploration of the self and persona
California education chief Tony Thurmond says he’s running for governor in 2026
Smooth as Tennessee whiskey: Jack Daniel's releases rare new single malt. How to get it.
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
Wisconsin woman gets life without parole for killing and dismembering ex-boyfriend
US sanctions 9 tied to Mexico’s Sinaloa cartel and leader of Colombia’s Clan del Golfo
Third person arrested in connection with toddler's suspected overdose death at New York City day care