There are times that yes, others that, in which Elon Musk is the richest man on the planet. The one who invested in Tesla and is now its CEO thanks to special stocks that he can't easily get fired with, who controls SpaceX and The Boring Company, and Twitter, is constantly losing money.
That is what Guinness has recognized, the brewery with the black beer that we find in all the Irish pubs in the country, and that in between is dedicated to giving records to everyone who comes forward with the idea of achieving a record and pays a fee. to be verified and complied with. Among the very specific records that exist, Guinness is the person who has lost the most fortune in history.
Elon Musk may run out of using Tesla as a personal bank
It should be said that Elon Musk's personal fortune is not cash or liquidity, but the value of numerous investments and CEO positions, Tesla being the largest. But Elon Musk He has been selling Tesla shares for a while to get personal liquidity, and also using them for endorse the purchase of Twitter for those 44.000 million dollars.
It is very normal that selling shares of the company you manage is seen as something that generates distrust, because it invites you to think that there will not be a rebound in value, especially with the high number of shares that Elon Musk has. At one point, he sold more than 94 million shares, at about $2243 per share, to raise approximately $3.600 billion in liquidity. As a result of all this, Tela's shares have fallen, in the year 2022. Although in 2021 they reached their peak of $407 on November 5, today they are trading at $116.
Given that the large amount of Elon Musk's fortune was in shares of Tesla, one of the largest technology companies that at the time were best valued; if they lose almost three-quarters of their value in a little over a year, Elon Musk has lost a considerable amount of wealth.
According to Guinnes, Musk would have gone from having a net worth of 320.000 million dollars in 2021, to 138.000 million currently, after the fall in Tesla shares. While the exact amount is difficult to calculate exactly, even this estimate of 202.000 billion makes him deserving of the Guinness record for the largest loss of heritage in history. The previous figure was $58.600 billion, set by Japanese tech investor Masayoshi Son in 2000, a figure that Musk more than triples.
Source: The Daily Jump
