$180 billion! Musk Has a New Record in His Name, Lost More Money Than Anyone in History

Elon Musk:  The world’s number 2 rich tycoon Elon Musk makes a new world record and that’s for losing more wealth than anyone in the world. His Tesla’s property decreased by $ 180 billion and it still is journeying downward.

With a huge fall in Tesla’s stock, there has been a big dent in the wealth of its chief Elon Musk. Now for this particular category of losing property, his name has been included in the Guinness Book of World Records.

The First Person Ever To Lose $200 Billion

Within a span of one year, Musk lost around two billion ($180 billion) of his total wealth. As per Forbes magazine, by the end of 2021, the industrialist had assets worth $ 320 billion which now has de-escalated to $ 138 billion this year in January 2023.

Breaking a twenty-two years’ old record, in terms of losing property in just one year’s span, Elon Musk left Japanese tech investor Masayoshi Son behind, who had lost $ 58.6 billion in the year 2000. Now Musk has this record in his name.

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The fifty-one-year-old top tycoon of America is helplessly seeing his wealth plummet to $137 billion following Tesla shares tumbling in the last few weeks. It also includes an eleven per cent drop today on Tuesday, 10th of January, as per the Billionaires Index of Bloomberg. Musk’s fortune peaked at $340 billion thirteen months ago on November o4, 2021. He used to stand tall as the world’s richest businessman until was overtaken this month by the French tycoon Bernard Arnault, behind LVMH, the luxury goods powerhouse.