According to Guinness World Records, Elon Musk has lost more money than any other person in history.
Introduction
Elon Musk, the CEO of Tesla and SpaceX, has become a household name in recent years. He’s also known for his eccentric personality. As reported by Forbes, Musk recently broke another record.
The Tesla co-founder has lost $1.8 billion in 2019
Elon Musk has lost $1.8 billion in 2019. Making him the first person to ever rack up a loss of more than $1 billion in a single year. He is also worth an estimated $32 billion. Making him one of the richest people on Earth and one of only two individuals. Who can claim that title (the other being Bezos)?
Whether or not he can hold onto that money remains to be seen. But it’s not out of the realm of possibility. That Musk could get his fortune back with some good investments or savvy business moves down the road.
Musk is worth an estimated $32 billion.
As of March 2019, Elon Musk’s net worth is estimated at $32 billion. That’s more than Jeff Bezos and Mark Zuckerberg combined. It makes him the richest man in the world.
The bulk of this wealth comes from Tesla Motors (TSLA). Which was founded by Elon Musk in 2003. He has been credited with innovating electric cars and bringing them to the mainstream market. A feat that no other carmaker has accomplished yet.
Tesla’s success has been a boon for Musk as well; since becoming CEO in 2004 he hasn’t missed a single day at work due to illness or injury while also running SpaceX successfully alongside his other entrepreneurial ventures.
Whether or not he can hold onto that money remains to be seen.
Elon Musk is a genius, but he can also be a genius at losing money. In fact, he has a history of losing significant amounts of cash—and even more significant amounts of time.
According to the Wall Street Journal, Musk has lost more money than any other person in history: $1 billion in 2009 and another $900 million in 2010 (on top of some smaller losses). He’s also declared bankruptcy twice: once after taking over Tesla Motors Inc., which had gone bankrupt; and again after spending millions on SolarCity Corp., which went bust as well.
Elon Musk is a genius, but he can also be a genius at losing money
Elon Musk is a genius, and he’s also lost more money than any other person in history. According to Guinness World Records, Elon Musk has lost more money than any other person in history.
In 2019 alone, the billionaire entrepreneur has reportedly lost $1 billion dollars—and it’s not even February yet! He was also worth an estimated $32 billion back then as well…
Elon Musk has officially lost $15 billion of his fortune in the past year.
Elon Musk is a genius, and he’s been known to be one of the most successful businessmen in history. But he also has his own flaws as a businessman: He’s lost more money than any other person on Earth in the past year alone.
Accordingly, according to Guinness World Records and Bloomberg News—and confirmed by Forbes—Musk has officially lost $15 billion of his fortune (and counting) during that time period. This puts him ahead of Warren Buffett ($12 billion), Jeff Bezos ($23 billion), Bill Gates ($90+ billion) and Amancio Ortega ($70+ billion).
Conclusion
If you’re wondering how much money Elon Musk has lost, the answer is $15 billion—that’s more than any other person in history. While he may be one of the richest men alive today, most people don’t know that he also has an extremely high level of debt and a lot of it comes from his Tesla company. As we’ve seen time and time again with these kinds of figures, there’s always risk involved when dealing with entrepreneurs like Elon Musk who have big ideas and even bigger dreams!
