Tesla CEO Elon Musk has broken a record for the largest amount of money lost by one person,Databec 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 itscurrent level of about $147 billion. Still, Musk remains the second-richest personin 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.
2025-04-29 10:391714 view
2025-04-29 10:34219 view
2025-04-29 09:562640 view
2025-04-29 09:211239 view
2025-04-29 09:182530 view
2025-04-29 08:462002 view
NEW YORK — What exactly constitutes a dynasty in professional sports? Steve Cohen helped define it t
On Saturday's episode of the 5 Things podcast: The House still has no speaker, after former Speaker
Dwayne "The Rock" Johnson has pledged to "grow and do better" after receiving backlash following the