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Elon Musk suffers worst loss of fortune in history amid “market madness”
Elon Musk (South Africa) has officially broken the world record for the largest loss of personal fortune in history.
He has lost approximately $182 billion (£153B; €173B) since November 2021, as estimated by Forbes, although other sources suggest that it could actually be closer to $200 billion.
Although the exact figure is almost impossible to ascertain, Musk’s total losses far surpass the previous record of $58.6 billion, set by Japanese tech investor Masayoshi Son in 2000.