Current:Home > ScamsElon Musk has lost more money than anyone in history, Guinness World Records says-LoTradeCoin
Elon Musk has lost more money than anyone in history, Guinness World Records says
View Date:2025-01-11 17:06:17
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! (8)
Related
- Lost luggage? This new Apple feature will let you tell the airline exactly where it is.
- Tyson-Paul fight sanctioned as professional bout. But many in boxing call it 'exhibition.'
- Milestone: 1st container ship arrives since Baltimore's Francis Scott Key Bridge collapse
- JoJo Siwa and More Dance Moms Stars Get Matching Tattoos After Reunion
- Justice Department says jail conditions in Georgia’s Fulton County violate detainee rights
- Stock market today: Asian shares mostly rise to start a week full of earnings, Fed meeting
- Securing Fund Safety, Managing Trading Risks: The Safety Strategy of GaxEx
- Book excerpt: Table for Two by Amor Towles
- Former West Virginia jail officer pleads guilty to civil rights violation in fatal assault on inmate
- Iconic arch that served as Iditarod finish line collapses in Alaska. Wood rot is likely the culprit
Ranking
- Lost luggage? This new Apple feature will let you tell the airline exactly where it is.
- Report: NFL veteran receiver Jarvis Landry to join Jaguars rookie camp in comeback bid
- Cowboys and running back Ezekiel Elliott reuniting after agreeing to deal, AP source says
- Feds open preliminary investigation into Ford's hands-free driving tech BlueCruise
- Study finds Wisconsin voters approved a record number of school referenda
- Legendary football coach Knute Rockne receives homecoming, reburied on Notre Dame campus
- Iraqi social media influencer Um Fahad shot dead by motorbike gunman in Baghdad
- Philips agrees to pay $1.1 billion settlement after wide-ranging CPAP machine recall
Recommendation
-
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Something Corporate
-
Inside Kirsten Dunst's Road to Finding Love With Jesse Plemons
-
Sean 'Diddy' Combs files motion to dismiss sex trafficking claim in sexual assault lawsuit
-
1000-lb Sisters’ Tammy Slaton Shows Off Transformation in Swimsuit Photo With Pal Haley Michelle
-
Steelers shoot for the moon ball, but will offense hold up or wilt in brutal final stretch?
-
A massive Powerball win draws attention to a little-known immigrant culture in the US
-
Baby Reindeer's Alleged Real-Life Stalker Speaks Out on Netflix Show
-
Prince William, Princess Kate celebrate 13th wedding anniversary: See the throwback photo