January 29, 2023

Tesla and SpaceX CEO Elon Musk speaks on the SATELLITE convention and exhibition on March 9, 2020 in Washington DC.

Susan Walsh/AP


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Susan Walsh/AP


Tesla and SpaceX CEO Elon Musk speaks on the SATELLITE convention and exhibition on March 9, 2020 in Washington DC.

Susan Walsh/AP

Tesla CEO Elon Musk has damaged the document for the biggest amount of cash misplaced by a single individual, based on the Guinness E-book of World Data.

In response to the report, Musk has misplaced between $180 billion and $200 billion since November 2021 (cq), primarily because of the poor efficiency of Tesla shares lately.

His fortune has elevated from about $320 billion in 2021 to the present degree is about $147 billion. Nevertheless, Musk stays the second richest individual. on the planet, behind Bernard Arnault, CEO of luxurious conglomerate LVMH, based on Forbes.

Although Tesla set new gross sales information in 2022 (it elevated shipments by 40% in comparison with the earlier 12 months), the inventory misplaced 65% of its worth in 2022 as a result of rivals.

In response to the Guinness Report, the earlier document for the amount of cash misplaced per individual was $58.6 billion. It was put in by Japanese expertise investor Masayoshi Son in 2000.

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