Elon Musk can add a brand new title to his resume: Guinness World Record holder.
The “Technoking” of Tesla made it into the file books because of an abysmal 2022 which noticed his fortune shrink by $182 billion, the group announced Friday in a release that cited knowledge from Forbes.
Guinness famous that though “the exact figure [of Musk’s loss] is almost impossible to ascertain,” with some shops estimating that he misplaced more than $200 billion, the Twitter proprietor demolished the earlier file: a $58.6 billion loss by Japanese investor Masayoshi Son in 2000.
Musk’s shrinking fortune was largely because of the steep slide of Tesla shares, which misplaced roughly 65% of their worth throughout the firm’s worst yr on file.
The loss was sufficient to knock him off his perch because the richest man on the planet — a title now held by luxury goods magnate Bernard Arnault.
Of course, Musk is not the one billionaire whose fortune took successful in 2022. American billionaires collectively lost $660 billion last year, CNBC Make It beforehand reported.