The largest loss of personal fortune in history was set by Elon Musk, the CEO of Tesla, SpaceX, and Twitter, according to Guinness World Records (GWR). It cited Forbes’ estimate that Musk’s net worth has decreased by about $182 billion since November 2021, primarily as a result of the decline in Tesla stock. However, according to other sources, the loss amount is probably close to $200 billion.
According to the most recent data from Forbes, Musk’s net worth has drastically decreased and now stands at $140.1 billion, moving him down to number two on the list of the world’s wealthiest people behind French entrepreneur Bernard Arnault.
In the meantime, according to a blog post by GWR, “Musk’s total losses far exceed the previous record of $58.6 billion, set by Japanese tech investor Masayoshi Son in 2000, even though the precise figure is almost impossible to ascertain.
All of Prime, half the price.
Qualifying government assistance recipients can access all of Prime for $6.99/month (reg. /month).
The struggling Tesla stock is largely to blame for the Tesla CEO’s net worth falling from its peak of $320 billion in November 2021 to $40 billion as of January 10, 2023. In order to pay for his Twitter deal, Musk reportedly sold Tesla shares worth around $7 billion. Additionally, Musk sold additional stock last month worth $3.58 billion.
Tesla stock has plummeted from a high of $407 on November 5, 2021 to a low of $119.7 per share. Tesla currently has a $375 billion market capitalization.
Tesla shares are no longer Elon Musk’s most valuable asset, according to Bloomberg’s wealth index, as a result of their over 65 percent decline in 2022. Compared to his approximately $44 billion stake in Tesla, Musk has a $44.8 billion stake in SpaceX. According to reports, the billionaire owns 42.2 percent of SpaceX.
The GWR reported that Musk’s financial decline accelerated in October following the $44 billion Twitter deal. The blog post stated that the turbulent takeover and Musk’s divisive online behaviour were the main causes of the biggest Tesla stock sell-off since the company went public in 2010.
43 comments
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me. https://www.binance.com/kz/register?ref=V3MG69RO
You have mentioned very interesting points! ps nice internet site.!
Good article. I’m dealing with some of these issues as well..
I love reading through a post that will make people think. Also, many thanks for allowing me to comment.
I like it when people get together and share ideas. Great website, keep it up.
Good post. I’m dealing with many of these issues as well..
I like it when individuals come together and share opinions. Great site, stick with it!
Everything is very open with a very clear clarification of the challenges. It was really informative. Your site is very helpful. Many thanks for sharing.
After going over a few of the articles on your site, I seriously appreciate your way of blogging. I saved it to my bookmark site list and will be checking back soon. Please visit my web site too and let me know your opinion.
Having read this I thought it was very informative. I appreciate you finding the time and energy to put this short article together. I once again find myself spending way too much time both reading and posting comments. But so what, it was still worthwhile.
After I originally commented I seem to have clicked the -Notify me when new comments are added- checkbox and now whenever a comment is added I recieve 4 emails with the exact same comment. Is there a way you can remove me from that service? Thanks a lot.
Great information. Lucky me I came across your blog by chance (stumbleupon). I have book marked it for later.
An impressive share! I have just forwarded this onto a friend who has been conducting a little research on this. And he in fact bought me lunch due to the fact that I found it for him… lol. So allow me to reword this…. Thanks for the meal!! But yeah, thanx for spending some time to talk about this matter here on your internet site.
That is a very good tip especially to those new to the blogosphere. Short but very precise information… Many thanks for sharing this one. A must read article.
Hello! I simply want to give you a big thumbs up for your great info you have here on this post. I will be returning to your blog for more soon.
Right here is the perfect site for anybody who wants to find out about this topic. You understand so much its almost tough to argue with you (not that I really would want to…HaHa). You certainly put a new spin on a subject that’s been written about for ages. Great stuff, just great.
May I simply just say what a comfort to find someone that truly knows what they are talking about on the web. You actually understand how to bring a problem to light and make it important. A lot more people must look at this and understand this side of the story. It’s surprising you’re not more popular given that you surely have the gift.
Way cool! Some extremely valid points! I appreciate you penning this write-up and the rest of the site is extremely good.
After looking over a few of the blog posts on your blog, I truly appreciate your technique of blogging. I saved it to my bookmark site list and will be checking back soon. Take a look at my website as well and tell me your opinion.
After checking out a number of the blog posts on your website, I truly appreciate your way of blogging. I bookmarked it to my bookmark webpage list and will be checking back soon. Take a look at my website as well and tell me what you think.
Everyone loves it when individuals get together and share thoughts. Great blog, stick with it!
Hi, I do believe this is an excellent site. I stumbledupon it 😉 I will revisit once again since I bookmarked it. Money and freedom is the greatest way to change, may you be rich and continue to guide other people.
May I just say what a relief to uncover a person that really knows what they’re talking about over the internet. You actually know how to bring an issue to light and make it important. More people must check this out and understand this side of your story. I can’t believe you aren’t more popular because you definitely have the gift.
This is a topic that’s close to my heart… Thank you! Exactly where are your contact details though?
Good post. I learn something totally new and challenging on blogs I stumbleupon every day. It’s always exciting to read through articles from other writers and practice something from their websites.
You ought to be a part of a contest for one of the greatest blogs on the net. I’m going to recommend this blog!
I blog often and I truly appreciate your information. This article has really peaked my interest. I will book mark your site and keep checking for new information about once per week. I subscribed to your RSS feed too.
You are so cool! I do not believe I’ve read through a single thing like this before. So nice to find another person with original thoughts on this issue. Really.. many thanks for starting this up. This site is one thing that is needed on the web, someone with a bit of originality.
Saved as a favorite, I like your website!
I quite like reading a post that can make people think. Also, thank you for allowing me to comment.
After I originally commented I appear to have clicked on the -Notify me when new comments are added- checkbox and now whenever a comment is added I recieve 4 emails with the same comment. Perhaps there is an easy method you can remove me from that service? Thanks a lot.
Great information. Lucky me I recently found your blog by chance (stumbleupon). I’ve book-marked it for later.
Your style is very unique compared to other people I have read stuff from. Thank you for posting when you’ve got the opportunity, Guess I will just bookmark this page.
I love it whenever people come together and share thoughts. Great website, continue the good work.
Very good blog post. I definitely appreciate this site. Continue the good work!
Oh my goodness! Awesome article dude! Many thanks, However I am encountering issues with your RSS. I don’t know the reason why I am unable to subscribe to it. Is there anybody else getting similar RSS issues? Anyone who knows the solution can you kindly respond? Thanks.
I truly love your blog.. Pleasant colors & theme. Did you make this website yourself? Please reply back as I’m wanting to create my own personal site and want to learn where you got this from or just what the theme is called. Appreciate it!
This page certainly has all of the information and facts I needed concerning this subject and didn’t know who to ask.
You’re so awesome! I don’t think I’ve truly read through anything like that before. So nice to discover someone with a few original thoughts on this issue. Seriously.. many thanks for starting this up. This website is one thing that’s needed on the web, someone with some originality.
You ought to be a part of a contest for one of the highest quality websites on the internet. I most certainly will highly recommend this web site!
I blog quite often and I really thank you for your content. The article has really peaked my interest. I’m going to bookmark your blog and keep checking for new details about once a week. I opted in for your RSS feed too.
This page truly has all of the information I wanted about this subject and didn’t know who to ask.
Way cool! Some very valid points! I appreciate you writing this article and the rest of the site is really good.