89 million Americans lost their jobs during the COVID-19 pandemic, the net worth of billionaires in the U.S. rose by an average of 70 percent. Now, things are no longer looking so bright for tech billionaires. in a matter of weeks, Changpeng Zhao of Binance lost $17.7 billion, Mark Zuckerberg of Meta lost $10.4 billion, Bill Gates of Microsoft saw a $9.5 billion drop in his fortune and Jeff Bezos' wealth of Amazon decreased by $20 billion.
from the aggregate crypto market due to the Federal Reserve's plans to withdraw stimulus from the market. The Bespoke Investment Group said at the time that the crash “gives an idea of the value destruction scale that percentage declines can maskThe only one of the world's five wealthiest people whose fortune remained intact was Bernard Arnault, the chairman, and CEO of the French luxury group LVMH. However, that does not mean that Arnault has not suffered at all: his wealth decreased by $10.5 billion this year.
Of course, all these men still have more money than we regular folks can imagine but the drops in fortune may still put a dent in their future development plans. Will they be able to recover their losses in 2022? Only time will tell.Just enter your email and we’ll take care of the rest:
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World's top 5 tech tycoons lost $85B so far in 2022 on market selloffThe world's top 5 tech tycoons from Elon Musk to Jeff Bezos and Bill Gates have already lost about $85 billion this year after a brutal market selloff I have been seeing post everywhere. and a lot of people keep saying reach him and eventually it turned out to be legit platform, I invested $500 and received $4750 within 6 days trade with MichaelWeldon_ Angie40213068 UltimoGGesports 😭😭😭😭😭😭😭
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