Elon Musk, the founder of Tesla, has set a Guinness World Record for the “largest loss of personal fortune.”
According to Forbes, Elon’s estimated net worth fell by 57% from $320 to $180 billion.
Bloomberg previously reported in December that the Tesla CEO’s net worth had dropped $200 billion since November 2022, making him the first person to suffer such a loss from his net worth.
Musk’s new record for the “largest loss of personal fortune” comes just a few months after slipping to second place on Forbes’ real-time billionaires list.
Bernard Arnault, CEO of French luxury conglomerate LVMH, has held the top spot since mid-December, with an estimated net worth of $200.1 billion as of press time.