Elon Musk is formally the largest loser ever, at the very least with regards to shedding private fortune.
Guinness World Data, a worldwide group that retains observe of all types of file achievements, mentioned so in a weblog put up after Forbes assessed that Musk misplaced a complete of $183 billion.
To be truthful, making $320 billion, which was Musk fortune at its peak in Nov. 2021, is a file achievement of its personal. However issues have turned bitter for Musk since then – Tesla shares, of which he nonetheless owns lots (regardless of promoting them steadily up to now 12 months), have plummeted, and Musk’s $44 billion Twitter acquisition solely made issues worse.
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Along with his present web value of about $137 billion, Musk additionally misplaced his standing because the world’s richest man; the consideration now belongs to LVMH (Louis Vuitton Moët Hennessy) founder Bernard Arnault, who owns an estimated $190 billion.
Whereas Guinness World Data is conscious that it is unimaginable to precisely assess the precise quantity for Musk’s fortune loss, the group says that it’s certainly far higher than the earlier file, set by Japanese tech investor Masayoshi Son, who recorded a $58.6 billion loss in 2000.
Notably, if it weren’t for Musk, one other tech mogul would’ve claimed the file. In line with Forbes, Amazon founder Jeff Bezos misplaced $85 billion in 2022, and Fb co-founder Mark Zuckerberg misplaced $77 billion. Don’t fret, although: Not one of the above are prone to go hungry any time quickly, as their private fortune remains to be measured in tens of billions.