Current:Home > FinanceElon Musk has lost more money than anyone in history, Guinness World Records says-Angel Dreamer Wealth Society D1 Reviews & Insights
Elon Musk has lost more money than anyone in history, Guinness World Records says
View Date:2024-12-23 15:53:20
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! (78)
Related
- The Fate of Hoda Kotb and Jenna Bush Hager's Today Fourth Hour Revealed
- May 2023 in photos: USA TODAY's most memorable images
- Thousands of Oil and Gas Wastewater Spills Threaten Property, Groundwater, Wildlife and Livestock Across Texas
- Your autograph, Mr. Caro? Ahead of 50th anniversary, ‘Power Broker’ author feels like a movie star
- Auburn surges, while Kansas remains No. 1 in the USA TODAY Sports men's basketball poll
- A gloomy mood hangs over Ukraine’s soldiers as war with Russia grinds on
- Ukraine’s military chief says one of his offices was bugged and other devices were detected
- How to manage holiday spending when you’re dealing with student loan debt
- Opinion: Chris Wallace leaves CNN to go 'where the action' is. Why it matters
- Berlin Zoo sends the first giant pandas born in Germany to China
Ranking
- College Football Playoff bracket: Complete playoff picture after latest rankings
- G-League player Chance Comanche arrested for Las Vegas murder, cut from Stockton Kings
- Authorities: 5 people including 3 young children die in house fire in northwestern Arizona
- El-Sissi wins Egypt’s presidential election with 89.6% of the vote and secures third term in office
- In an AP interview, the next Los Angeles DA says he’ll go after low-level nonviolent crimes
- Austin heads to Israel as US urges transition to a more targeted approach in Gaza
- Some experts push for transparency, open sourcing in AI development
- Charles M. Blow on reversing the Great Migration
Recommendation
-
Celtics' Jaylen Brown calls Bucks' Giannis Antetokounmpo a 'child' over fake handshake
-
Flood and wind warnings issued, airlines and schools affected as strong storm hits the Northeast
-
Bad coaches can do a lot of damage to your child. Here's 3 steps to deal with the problem
-
4 teenagers killed in single-vehicle accident in Montana
-
Texas’ 90,000 DACA recipients can sign up for Affordable Care Act coverage — for now
-
Arkansas sheriff facing obstruction, concealment charges ordered to give up law enforcement duties
-
Storm drenches Florida before heading up East Coast
-
Author Masha Gessen receives German prize in scaled-down format after comparing Gaza to Nazi-era ghettos