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.
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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?