Current:Home > MyElon Musk has lost more money than anyone in history, Guinness World Records says-DB Wealth Institute B2 Expert Reviews
Elon Musk has lost more money than anyone in history, Guinness World Records says
View Date:2024-12-23 16:25:16
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! (642)
Related
- Sister Wives’ Janelle Brown Alleges Ex Kody Made False Claims About Family’s Finances
- Latest on FA Cup after third round: Arsenal eliminated, seven EPL teams in replays
- Kieran Culkin Shares the Heartwarming Reason for His Golden Globes Shoutout to His Mom
- Lawyers for ex-gang leader held in Tupac Shakur killing say he should be released from jail
- 'This dude is cool': 'Cross' star Aldis Hodge brings realism to literary detective
- Watch Brie Larson's squad embrace the strange in exclusive 'The Marvels' deleted scene
- Radio giant Audacy files for bankruptcy to reduce $1.9 billion debt
- J.J. McCarthy 'uncomfortable' with Jim Harbaugh calling him the greatest MIchigan quarterback
- U.S.-Mexico water agreement might bring relief to parched South Texas
- “Shocked” Jonathan Majors Addresses Assault Case in First TV Interview Since Trial
Ranking
- Olivia Munn Randomly Drug Tests John Mulaney After Mini-Intervention
- Dutch anti-Islam lawmaker Geert Wilders has withdrawn a 2018 proposal to ban mosques and the Quran
- W-2 vs. W-4? The key forms to know when you file taxes in 2024.
- Michigan QB J.J. McCarthy gets pregame meditation in before CFP championship against Washington
- Asian sesame salad sold in Wegmans supermarkets recalled over egg allergy warning
- Stop annoying junk mail and group chats with these genius tech tips
- Missouri secretary of state is safe after shooting falsely reported at his home
- Volunteer search group finds 3 bodies in car submerged in South Florida retention pond
Recommendation
-
John Krasinski is People's Sexiest Man Alive. What that says about us.
-
New Jersey lawmakers to vote on pay raises for themselves, the governor and other officials
-
Kristen Wiig, Will Ferrell hilariously reunite on Golden Globes stage
-
The EU loses about a million workers per year due to aging. Migration official urges legal options
-
4 charged in Detroit street shooting that left 2 dead, 5 wounded
-
Door plug that blew off Alaska Airlines plane in-flight found in backyard
-
From Taylor Swift's entourage to adorable PDA: Best Golden Globe moments you missed on TV
-
North Korea and South Korea fire artillery rounds in drills at tense sea boundary