The knowledge relies on figures printed by writer Forbes, however Guinness mentioned different sources prompt Musk’s losses might have been larger, the BBC stories.
The bulk of Musk’s wealth is tied up in Tesla, whose inventory plunged 65 per cent in 2022.
Demand for Teslas weakened as competitors in electrical autos from established automobile makers surged final yr.
The firm missed its progress targets and scaled again manufacturing in China.
It comes after a drop in worth of shares in Musk’s electrical automobile agency Tesla after he bought Twitter final yr.
Musk’s $65 billion buy of Twitter hasn’t helped Tesla’s inventory or Musk’s private wealth.
Musk, Tesla’s largest shareholder, has bought $34 billion value of Tesla shares since his curiosity in Twitter turned public in April.
His fixed tweeting and more and more erratic habits, notably after taking on as CEO at Twitter, has angered Tesla buyers who need Musk to pay extra consideration to his considerably bigger and extra useful firm.
Musk has defended himself in opposition to critics, saying he hasn’t missed a significant Tesla assembly since taking up duty for Twitter.
But at his peak in November 2021, Musk’s internet value was $500 billion.
That makes Musk the primary particular person ever to lose $300 billion in wealth, Bloomberg reported final month.
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