Elon Musk considers the record to be the greatest personal loss. Here is how much gone is.

Elon Musk is often referred to as the “richest man in the world” that they may believe that he had entered the expression. But the billionaire, born in South Africa, also has another award: the greatest loss of a personal assets. From the end of 2021 to early 2023, Musk's net assets fell from $ 320 billion to $ 138 billion, which achieved a loss of $ 182 billion.

How much musk has lost

The dubious honor of the “biggest loss” was awarded by Guinness World Records based on a report from Forbes in 2023. It is said that Musk's net assets in early January 2023 of $ 320 billion dropped to $ 138 billion in 2021, a net loss of $ 182 billion. The main reason for the jump was a decline in the stock prices of the electric car manufacturer Tesla, probably the best known Musk company sports folio.

The almost 200 billion US dollars slipped Musk – or behind it, depending on how you consider it – the previous record holder. “Although the exact number is almost impossible to determine, the total losses of Musk exceed the previous record of 58.6 billion US dollars, which was determined by the Japanese Tech investor Masayoshi Son in 2000,” said a press release from Guinness World Record in a press release on January 6, 2023. CEO of the Softbank Group.

At the same time, the loss cost another record, that of the richest man in the world – at least temporarily. “Musk's misfortune has also seen his status as the richest person in the world against Bernard Arnault (France), founder of the luxury goods conglomerate LVMH (Louis Vuitton Moët Hennessy), lost, who has an estimated net assets of 190 billion US dollar,” reported the same press release.

How much Elon Muschus is worth it today

Musk now seems to be a double record holder. He can still organize the price for the greatest loss, and he seems to have regained his place as the richest man in the world.

Forbes, which has established itself as a leading authority in these affairs, evaluates the billionaires of the world in what they call “real time” and adapts the numbers every day. On March 5, 2025, for example, Musk's assets of 351.6 billion dollars put it. The runner-up was Mark Zuckerberg from Meta for $ 226.7 billion. The top five of Amazon from Jeff Bezos were rounded off with $ 223.5 billion, Larry Ellison von Oracle with 199.2 billion US dollars and the above Bernard Arnault and his family with $ 180.6 billion.

If you read this, these numbers have changed and the order may have shifted slightly. But either Musk has to lose a lot of money or another billionaire has to win a lot (or a combination of the two) to overthrow him from first place.

The end result

According to Guinness World Records, Elon Musk organizes the price for “greatest loss of personal assets”, and he may not be able to return it soon. However, his luck have improved significantly in the years since then and made him the richest individual in the world that we know about – and by far.