Elon Musk is formally the largest loser ever, at the very least on the subject of shedding private fortune.

Guinness World Information, a world group that retains observe of all kinds of report achievements, mentioned so in a weblog put up after Forbes assessed that Musk misplaced a complete of $183 billion.

To be truthful, making $320 billion, which was Musk fortune at its peak in Nov. 2021, is a report achievement of its personal. However issues have turned bitter for Musk since then – Tesla shares, of which he nonetheless owns a lot (regardless of promoting them ceaselessly up to now yr), have plummeted, and Musk’s $44 billion Twitter acquisition solely made issues worse.

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Together with his present web price of about $137 billion, Musk additionally misplaced his standing because the world’s richest man; the glory now belongs to LVMH (Louis Vuitton Moët Hennessy) founder Bernard Arnault, who owns an estimated $190 billion.

Whereas Guinness World Information is conscious that it is inconceivable to precisely assess the precise quantity for Musk’s fortune loss, the group says that it’s certainly far larger than the earlier report, set by Japanese tech investor Masayoshi Son, who recorded a $58.6 billion loss in 2000.

Notably, if it weren’t for Musk, one other tech mogul would’ve claimed the report. In response to Forbes, Amazon founder Jeff Bezos misplaced $85 billion in 2022, and Fb co-founder Mark Zuckerberg misplaced $77 billion. Don’t be concerned, although: Not one of the above are more likely to go hungry any time quickly, as their private fortune remains to be measured in tens of billions.