Elon Musk’s Breaks Guinness World Record By Having $182 billion net worth Drop
Tesla boss made it into the record books thanks to an abysmal 2022 which saw his fortune shrink by $182 billion, the organization release the data from Forbes.
Guinness noted that although “the exact figure [of Musk’s loss] is almost impossible to ascertain,” with some outlets estimating that he lost more than $200 billion , the Twitter owner demolished the previous record: a $58.6 billion loss by Japanese investor Masayoshi Son in 2000.
Elon Musk’s shrinking wealth was largely due to the steep slide of Tesla shares, which lost roughly 65% of their value during the company’s worst year on record.
The loss was enough to knock him off his perch as the richest man in the world.
Of course, Musk isn’t the only billionaire whose fortune took a hit in 2022.
The 53-year-old’s wealth decline spared Amazon founder Jeff Bezos from taking the Guinness World Record. Bezos’s $80 billion loss in 2022 would have firmly given him the “largest loss” title were it not for Musk.