Musk breaks record for highest personal fortune lost - Punch Newspapers

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Though the exact figure is almost impossible to ascertain, the total far surpass the previous record of $58.6 billion, suffered by Japanese tech investor Masayoshi Son in 2000.

Musk is the largest shareholder in Tesla, with a stake of 14 per cent. He completed a tumultuous $44bn takeover of Twitter in October.However, Musk’s fortunes were dented after the Twitter takeover coupled with his “polarising behaviour on the platform” that sparked the biggest Tesla stock sell-off, Guinness World Records said.All rights reserved.

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