Elon Musk breaks a Guinness World Record in 2022 while suffering a $100 billion loss

Elon Musk apparently had a $100 billion decline in his personal wealth last year, or in 2022 to be more precise, shattering a previous Guinness World Record. Musk now owns the record for the "biggest loss of personal riches in history," according to Guinness World Records. According to a Business Insider story, Musk set a brand-new record. However, after losing billions of dollars the previous year, he establishes a new Guinness World Record rather than reaching a milestone he could be proud of. The record for "biggest loss of personal fortune" is now held by the tech billionaire. Musk "has now shattered the world record for the biggest loss of personal riches in history," according to Guinness World Records. [caption id="" align="aligncenter" width="700"] Image credit- India post English[/caption] According to the recent reports,  the internet entrepreneur has lost roughly $182 billion since November 2021, which the international organisation says. The organisation does point out that he might have lost more, about $200 billion. Also Read: How Many Businesses Do Elon Musk Owns? Some people might be interested to know who had the record before Musk. According to Guinness, the losses of the Tesla CEO appear to have greatly eclipsed those of the Japanese IT entrepreneur Masayoshi Son in the past. According to reports, the latter lost almost $58.6 billion in 2000. then, the estimated Once hailed as the "wealthiest man in the world," second to none in terms of riches, Musk is the owner of tech behemoths like Tesla and SpaceX. After that, his EV company surpassed Toyota to become the most valuable automaker in the world. [caption id="" align="aligncenter" width="900"] Image credit- Nairametrics[/caption] However, after losing billions of dollars, he is now seated behind other powerful people. Even still, Tesla continues to dominate, exceeding the value of its primary competition. According to Guinness, Bernard Arnault, the founder of the luxury conglomerate Louis Vuitton Mot Hennessy (LVMH), is currently the richest person on earth. A $190 billion estimated net worth is displayed by the French billionaire. The founder of SpaceX's net wealth has decreased to $138 billion as of this writing. When compared to its peak of $320 billion in 2021, it has significantly decreased. The American-African businessman not only broke a world record but also lost the title of "wealthiest man."