Current:Home > MyTrendPulse|Elon Musk has lost more money than anyone in history, Guinness World Records says -Capitatum
TrendPulse|Elon Musk has lost more money than anyone in history, Guinness World Records says
PredictIQ Quantitative Think Tank Center View
Date:2025-04-05 21:56:38
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! (87932)
Related
- Don't let hackers fool you with a 'scam
- Fukushima nuclear plant starts highly controversial wastewater release
- Shooting that followed fight on street in Pasadena, California, wounds 5
- NASCAR at Daytona summer 2023: Start time, TV, streaming, lineup for Coke Zero Sugar 400
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- 'Dune 2' delay: Timothée Chalamet sequel moves to 2024 due to ongoing Hollywood strikes
- Among last of Donald Trump's co-defendants to be booked: Kanye West's former publicist
- Players credit the NFL and union with doing a better job of teaching when sports betting isn’t OK
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Schoolkids in 8 states can now eat free school meals, advocates urge Congress for nationwide policy
Ranking
- North Carolina justices rule for restaurants in COVID
- Fighter pilot killed in military jet crash outside base in San Diego, officials say
- What we know about the plane crash that reportedly killed Russian Wagner chief Prigozhin and 9 others
- Trey Lance trade fits: Which NFL teams make sense as landing spot for 49ers QB?
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Grand Canyon officials warn E. coli has been found in water near Phantom Ranch at bottom of canyon
- Woman who allegedly abandoned dog at airport and flew to resort hit with animal cruelty charges
- WTA Finals in Saudi Arabia? Tennis is next up in kingdom's sport spending spree
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Legendary Price Is Right Host Bob Barker Dead at 99
Russia’s Wagner mercenaries face uncertainty after the presumed death of its leader in a plane crash
Woman who allegedly abandoned dog at airport and flew to resort hit with animal cruelty charges
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
What's Making Us Happy: A guide to your weekend viewing and reading
UN experts say Islamic State group almost doubled the territory they control in Mali in under a year
Legendary Price Is Right Host Bob Barker Dead at 99