Current:Home > ScamsBenjamin Ashford|Elon Musk has lost more money than anyone in history, Guinness World Records says -CapitalWay
Benjamin Ashford|Elon Musk has lost more money than anyone in history, Guinness World Records says
Charles Langston View
Date:2025-04-08 03:21:54
Tesla CEO Elon Musk has broken a record for the largest amount of money lost by one person,Benjamin Ashford 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! (157)
Related
- Trump invites nearly all federal workers to quit now, get paid through September
- Inmate identified as white supremacist gang leader among 3 killed in Nevada prison brawl
- Woman denied abortion at a Kansas hospital sues, alleging her life was put at risk
- Governor appoints new adjutant general of the Mississippi National Guard
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- University of California president to step down after five years marked by pandemic, campus protests
- China's Pan Zhanle crushes his own world record in 100 freestyle
- Angelina Jolie and Brad Pitt's Daughter Vivienne Lands New Musical Job
- Buckingham Palace staff under investigation for 'bar brawl'
- The difference 3 years makes for Sha'Carri Richardson, fastest woman in the world
Ranking
- In ‘Nickel Boys,’ striving for a new way to see
- Torri Huske becoming one of Team USA's biggest swimming stars in Paris Olympics
- Houston Police trying to contact victims after 4,017 sexual assault cases were shelved, chief says
- Georgia superintendent says Black studies course breaks law against divisive racial teachings
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- New Jersey school is removing Sen. Bob Menendez’s name from its building
- Off the Grid: Sally breaks down USA TODAY's daily crossword, I Will Turn This Car Around!
- Text of the policy statement the Federal Reserve released Wednesday
Recommendation
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Argentina star Ángel Di María says family received pig's head, threat to daughter's life
Former Denver police recruit sues over 'Fight Day' training that cost him his legs
IHOP is bringing back its all-you-can-eat pancake deal for a limited time: Here's when
Trump's 'stop
General Hospital Star Cameron Mathison and Wife Vanessa Break Up After 22 Years of Marriage
Daughter of Hall of Fame pitcher Dennis Eckersley says she thought baby died after she gave birth
Shot putter Ryan Crouser has chance to make Olympic history: 'Going for the three-peat'