Eight of the 10 wealthiest in the world saw their fortunes take huge hits Tuesday after the stock market had its worst day since June 2020 following a crucial inflation reading that came in worse than expected.
Among the Big Tech stocks that were crushed Tuesday, Netflix also lost more than 7%, and Meta, the parent company of Facebook, shed more than 9% of its value. Apple declined by 6% as investors sold their holdings.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
elonmusk JeffBezos They didn't lose $50B. Their investments decreased $50B in value. There's a difference.
elonmusk JeffBezos breaking out the smallest diamond studded violin?