According to Guinness World Records, Tesla CEO Elon Musk has shattered the record for the most money one individual has ever lost.
His net worth decreased from $320 billion in 2021 to $147 billion at the present time. According to data from Forbes, Musk is still the second-richest person in the world, trailing only Bernard Arnault, the CEO of luxury goods behemoth LVMH.
According to the article, Musk has lost between $180 billion and $200 billion since November 2021, primarily as a result of the underwhelming performance of Tesla equities in recent years.
Although Tesla increased deliveries by 40% over the prior year and achieved new sales records, rivals caused the stock to lose 65% of its value in 2022.
According to the Guinness book of records, Japanese tech investor Masayoshi Son established the previous record for the largest amount of money lost by a single person in 2000 with a loss of $58.6 billion.
- According to Guinness World Records, Elon Musk has lost most money ever
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