Business & Tech

Elon Musk Sets World Record With Worst Loss Of Fortune In History

In November, Musk's net worth dropped to an estimated $195.6 billion – hitting its lowest point that year, according to Forbes.

(CBS)

January 13, 2023

Elon Musk has set a Guinness World Record – for the largest lost of personal fortune in history. Guinness announced last week that Musk had lost about $182 billion of his net worth since November 2021, citing Forbes. Some estimate he lost up to $200 billion, Guinness says.

Find out what's happening in San Franciscofor free with the latest updates from Patch.

Before him, the record was set by Japanese tech investor Masayoshi Son, who lost $58.6 billion in 2000, according to Guinness.

In November, Musk's net worth dropped to an estimated $195.6 billion – hitting its lowest point that year, according to Forbes. It had previously seen a large dip in October 2021, when it dropped below $200 billion.

Find out what's happening in San Franciscofor free with the latest updates from Patch.

Click https://www.cbsnews.com/video/... for a CBS News video report.


CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.