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Guinness World Record for losing personal wealth
It's hard to believe, but it's true: Elon Musk, the visionary behind companies like Tesla and SpaceX, has set a new Guinness World Record.
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Musk has lost a staggering $182 billion since November 2021. previous record for wealth loss was set by Japanese investor Masayoshi Son in 2000 of $58.6 billion.
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but even if they're off by a few billion, the scale of Musk's loss is undeniable.
But no doubt he will bounce back and continue to make history in other ways
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from $320 billion in November 2021 to $137 billion as of January 2023, largely due to the poor performance of Tesla's stocks
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This title has been taken by Bernard Arnault, the founder of luxury goods conglomerate LVMH (Louis Vuitton), who has an estimated net worth of $190 billion
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Most successful and brilliant minds can still be affected by market fluctuations.
It's humbling reminders that even the most successful and brilliant minds can still be affected by market fluctuations
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