Technology

Elon Musk’s fortune loss acknowledged by Guinness World Data as the biggest in historical past

Elon Musk is formally the most important loser ever, a minimum of in relation to shedding private fortune.

Guinness World Data, a worldwide group that retains monitor of all kinds of report achievements, stated so in a weblog publish 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 report achievement of its personal. However issues have turned bitter for Musk since then – Tesla shares, of which he nonetheless owns a lot (regardless of promoting them steadily previously yr), have plummeted, and Musk’s $44 billion Twitter acquisition solely made issues worse.

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Together with his present web price of about $137 billion, Musk additionally misplaced his standing because the world’s richest man; the honour 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 not possible to precisely assess the precise quantity for Musk’s fortune loss, the group says that it’s certainly far higher than the earlier report, 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 report. 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 more likely to go hungry any time quickly, as their private fortune remains to be measured in tens of billions.

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