Washington. Ever since billionaire businessman Elon Musk bought the social media platform Twitter, he has been in constant discussions. Meanwhile, Elon Musk, CEO of Twitter Tesla and SpaceX, has suffered a record-breaking loss. The new Guinness World Record has been created for property reduction. According to the report, since November 2021, Musk has suffered a loss of about $ 180 billion (about Rs 14,750 crore). According to Guinness World Records, this is an estimated figure of wealth. Musk’s total losses surpass the previous record of $58.6 billion, reported in 2000 by Japanese tech investor Masayoshi Son.
Let us tell you that according to a report by Forbes magazine, Elon Musk’s net worth has fallen from a peak of $320 billion in 2021 to $138 billion by January 2023 due to the poor performance of Tesla’s shares. Besides, Musk is not even the richest person in the world. Now Bernard Arnault (France) has become the world’s number one rich person in place of Musk. Arnault is the founder of the luxury goods company LVMH (Louis Vuitton Moët Hennessy), with an estimated net worth of $190 billion.
Of course, the Twitter deal is proving to be a loss deal for Elon Musk and Musk may have lost more money than any person in history, but he is still the second richest person in the world. Tesla’s stock has been battered over the past three months, largely due to Musk’s Twitter acquisition and related controversies. Musk has been distracted by his acquisition of Twitter. They may decide to auction Tesla shares to keep the social media company afloat.