Current:Home > MyTrendPulse|Elon Musk has lost more money than anyone in history, Guinness World Records says -NextFrontier Finance
TrendPulse|Elon Musk has lost more money than anyone in history, Guinness World Records says
Surpassing View
Date:2025-04-07 23:43:47
Tesla CEO Elon Musk has broken a record for the largest amount of money lost by one person,TrendPulse 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! (953)
Related
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Georgia attorney general says Black studies course can be taught under racial teaching law exemption
- All the 2024 Olympic Controversies Shadowing the Competition in Paris
- Where JoJo Siwa Stands With Candace Cameron Bure After Public Feud
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- All the 2024 Olympic Controversies Shadowing the Competition in Paris
- Johnny Wactor Shooting: Police Release Images of Suspects in General Hospital Star's Death
- Authorities arrest man accused of threatening mass casualty event at Army-Navy football game
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Are Whole Body Deodorants Worth It? 10 Finds Reviewers Love
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- Gabby Thomas wins gold in 200, leading American track stars in final at Paris Olympics
- Lionel Richie Shares Insight Into Daughter Sofia Richie's Motherhood Journey
- Ryan Reynolds Hilariously Confronts Blake Lively's Costar Brandon Sklenar Over Suggestive Photo
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Gymnast MyKayla Skinner Asks Simone Biles to Help End Cyberbullying After Olympic Team Drama
- 'The Final Level': Popular GameStop magazine Game Informer ends, abruptly lays off staff
- What investors should do when there is more volatility in the market
Recommendation
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
Last Chance Summer Sale: Save Up to 73% at Pottery Barn, 72% at Pottery Barn Teen, and 69% at West Elm
The Challenge’s CT and Derrick Reflect on Diem Brown’s Legacy Nearly 10 Years After Her Death
Man who decapitated newlywed wife sentenced to 40 years in Texas prison
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
Man who decapitated newlywed wife sentenced to 40 years in Texas prison
Last Chance Summer Sale: Save Up to 73% at Pottery Barn, 72% at Pottery Barn Teen, and 69% at West Elm
USA basketball players juggle motherhood and chasing 8th gold medal at Paris Olympics