£135bn! Musk’s record losses

HE always wanted to make history, but perhaps not this way.

Elon Musk has broken the world record for amassing the largest losses to his personal fortune in history – wiping £135billin ($165billion) off his wealth between November 2021 and December 2022, according to Guinness World Records.

It comes after the share value in Musk’s electric car firm Tesla crashed by around 65 per cent after he bought Twitter last year, a move that spooked investors.

The losses surpass the previous record of £47billion by Japanese tech investor Masayoshi Son in 2000.

In December, Bernard Arnault overtook Musk – now worth around £152billion – as the world’s richest person.