Current:Home > StocksElon Musk has lost more money than anyone in history, Guinness World Records says -Excel Wealth Summit
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-12 17:19:22
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! (43489)
Related
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Zombie deer disease is a 'slow moving disaster'. Why scientists say humans should 'be prepared'.
- 2023 in Climate News
- Taylor Swift called Travis Kelce's 'wife' by Tony Romo; singer comforts Brittany Mahomes
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Widower of metro Phoenix’s ex-top prosecutor suspected of killing 2 women before taking his own life
- Israel launches heavy strikes across central and southern Gaza after widening its offensive
- Anthropologie's End-of Season Sale is Here: Save an Extra 40% off on Must-Have Fashion, Home & More
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Mariah Carey and Bryan Tanaka Break Up After 7 Years of Dating
Ranking
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Amy Robach and T.J. Holmes Detail Fight That Made Them Seek Relationship Counseling
- Florida State quarterback Tate Rodemaker won't play in Orange Bowl, but don't blame him
- Shannen Doherty Says Goodbye to Turbulent Year While Looking Ahead to 2024
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- TEPCO’s operational ban is lifted, putting it one step closer to restarting reactors in Niigata
- Mahomes, Purdy, Prescott: Who are the best QBs of the season? Ranking the top 10 before Week 17
- Woman sentenced in straw purchase of gun used to kill Illinois officer and wound another
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
'Crown' star Dominic West explains his falling out with Prince Harry: 'I said too much'
Bowl game schedule today: Everything to know about college football bowl games on Dec. 26
Former Pakistani premier Nawaz Sharif will seek a fourth term in office, his party says
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Florida State quarterback Tate Rodemaker won't play in Orange Bowl, but don't blame him
Lucky NFL fan from NJ turns $5 into $489,383 after predicting a 14-pick parlay bet
Next year will be the best year to buy a new car since 2019, economist says