World's top 5 tech tycoons lost $85B so far in 2022 on market selloff

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The 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

The world's second-richest man, Amazon co-founder Jeff Bezos, lost about $25 billion since the year started.

Microsoft co-founder Bill Gates saw a $9.5 billion drop in his net worth since January 1, while Google co-founder Larry Page's net worth decreased by $12 billion. Rounding out the losses is Facebook's Mark Zuckerberg, whose net worth also dropped by about $12 billion so far this year. fell about 8% on the back of multiple factors including rising interest rates and inflation. The Nasdaq is down about 13% year-to-date.

Here's how the world's wealthiest people are faring on the Bloomberg Billionaires Index as of January 24:

 

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ElrondNetwork

Let me guess, bitcoin

HI Sir how are you

I’m sure Elon has enough money to survive, after all he’s part demon, part robot, part god, part human !!!!

Will Robert Reich take note?

Ratio.

time to elonmusk use his Twitter power! Just type and send it to the moon!!!!!!!!!!!!!!!!!!

They know the risks of speculating

That is why we are raising funds for Elon's tax bill! 😎

This is bad news!

Lunartech6 $ultgg

🥲

TaxTheSuperRich

oooh, poor buggers, what can i do to help

not enough they need to loose everything

I hope it hurts

BITech Poor babies.

TechInsider Took profits

like a bunch of kids talking about sex. everyone talks about it but no one is doing it.

They cashed out … investors list not them … please correct the title of your article !!

Gpod.they deserve it

Someone set up a gofundme fast! They must be in real bad shape.

Oh no …🤮

They have not lost a single penny. You don’t lose or gain until you sell.

Fuck man,,,, keeping them in my prayers 🙏

😭😭😭😭😭😭😭

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Angie40213068 UltimoGGesports

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