Elon Musk has kicked off 2023 by breaking a world record — for money lost.
The Tesla and Twitter CEO erased so much of his fortune in the last year that Guinness World Records recognized him for it.
He’s officially broken the world record for the “largest loss of personal fortune in history,” the organization said in a press release Friday.
Forbes recently estimated Musk’s net worth had plummeted by $183 billion in just over a year, while Bloomberg placed the estimate at $200 billion.
Before Musk, the previous record for personal fortune wiped out, much lower at $58.6 billion, was set by Softbank founder and CEO Masayoshi in 2000.
Musk’s net worth peaked last year, when it reached $340 billion, according to Bloomberg estimates. But Tesla shares, responsible for most of Musk’s wealth, entered free fall last year.
Their drastic fall picked up speed after Musk purchased twitter in October.
