Billionaire Elon Musk has earned an unfortunate world record after suffering through an unprecedented wealth wipeout in recent months.
Musk, who once ranked as the world’s richest person, shattered the mark for “the largest loss of personal fortune in history,” the experts at Guinness World Records said in a release last week.
After reaching a peak of $340 billion in November 2021, Musk’s fortune plummeted by more than $210 billion to an estimated $130 billion as of Tuesday, according to the Bloomberg Billionaires’ Index. Forbes placed Musk’s losses slightly lower at about $182 billion.
By either measure, Musk’s losses broke the previous world record held by Japanese tech investor and SoftBank founder Masayoshi Son, who lost $58.6 billion off his fortune as the dot-com bubble burst in 2000.
Read more at https://nypost.com/2023/01/10/elon-musk-earns-guinness-world-record-for-largest-loss-of-personal-fortune-in-history/
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