News > Elon Musk becomes first person ever to lose $200 billion

Elon Musk becomes first person ever to lose $200 billion

Elon Musk was the second person ever to amass a personal fortune of more than $200 billion, breaching that threshold in January 2021, months after Jeff Bezos. The Tesla Inc CEO has now achieved a first of his own, becoming the only person in history to erase $200 billion from their net worth. Musk, 51, has seen his wealth plummet to $137 billion after Tesla shares tumbled in recent weeks, including an 11% drop on Tuesday.