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Elon Musk Now Holds World Record for Greatest Loss of Wealth

Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
Elon Musk Now Holds World Record for Greatest Loss of Wealth

Elon Musk Now Holds World Record for Greatest Loss of Wealth

Elon Musk Now Holds World Record , for Greatest Loss of Wealth.

'Forbes' reports that Musk's net worth went from $320 billion in 2021 to $138 billion in January 2023.

Plummeting Tesla shares accounted for much of the drop.

.

Those shares fell even more after Musk acquired Twitter for $44 billion.

Those shares fell even more after Musk acquired Twitter for $44 billion.

According to the Guinness World Records, the $182 billion to $200 billion Musk lost is the "largest loss of personal fortune in history.".

Softbank founder and CEO Masayoshi Son previously held the record for losing $58.6 billion in 2000.

Musk is now the second-richest person in the world.

Bernard Arnault, co-founder and CEO of LVMH, is now the richest.

He has an estimated net worth of $190 billion


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