Current:Home > FinanceEthermac|Elon Musk has lost more money than anyone in history, Guinness World Records says -USAMarket
Ethermac|Elon Musk has lost more money than anyone in history, Guinness World Records says
Ethermac Exchange View
Date:2025-04-07 04:58:59
Tesla CEO Elon Musk has broken a record for the largest amount of money lost by one person,Ethermac 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! (68158)
Related
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Intellectuals vs. The Internet
- Rylee Arnold Shares a Long
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- B.A. Parker is learning the banjo
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Ranking
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Recommendation
Grammy nominee Teddy Swims on love, growth and embracing change
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Sonya Massey's father decries possible release of former deputy charged with her death
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Meta releases AI model to enhance Metaverse experience