Current:Home > MyElon Musk has lost more money than anyone in history, Guinness World Records says -MoneyFlow Academy
Elon Musk has lost more money than anyone in history, Guinness World Records says
View
Date:2025-04-16 10:16:01
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! (149)
Related
- 2025 'Doomsday Clock': This is how close we are to self
- Legionnaires’ disease source may be contaminated water droplets near a resort, NH officials say
- 2024 Olympics: Australian Breakdancer Raygun Reacts to Criticism After Controversial Debut
- After Josh Hall divorce, Christina Hall vows to never 'give away my peace again'
- Current, future North Carolina governor’s challenge of power
- EXCLUSIVE: Ex-deputy who killed Sonya Massey had history of complaints involving women
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Ab Initio
- Man sentenced to jail after involuntary manslaughter plea in death stemming from snoring dispute
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Harris is pushing joy. Trump paints a darker picture. Will mismatched moods matter?
Ranking
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Catfish Host Nev Schulman Shares He Broke His Neck in a Bike Accident
- Ryan Reynolds thanks Marvel for 'Deadpool & Wolverine' slams; Jude Law is a Jedi
- Hair loss is extremely common. Are vitamins the solution?
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- USA men's basketball, USWNT gold medal games at 2024 Paris Olympics most-watched in 20+ years
- Watch: These tech tips help simplify back-to-school shopping
- In Olympic gold-medal match vs. Brazil, it was Mallory Swanson's turn to be a hero.
Recommendation
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Madonna’s 24-Year-Old Son Rocco Is All Grown Up in Rare Photos
A'ja Wilson dragged US women's basketball to Olympic gold in an ugly win over France
This is absolutely the biggest Social Security check any senior will get this year
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Some states still feeling lingering effects of Debby
Post Malone Makes Rare Comments About His Fiancée and 2-Year-Old Daughter
USWNT wins its fifth Olympic gold medal in women’s soccer with a 1-0 victory over Brazil in final