Musk, Bezos, Gates, and Zuckerberg lost tens of billions this week - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Elon Musk, Jeff Bezos, Mark Zuckerberg, and the other richest tech billionaires lost a total of $44 billion this week

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.The 10 wealthiest tech billionaires lost a combined $44 billion in net worth amid a tech sell-off that ended an 11-day rally.

For the billionaires impacted, including Bezos, Scott, Elon Musk, and Bill Gates, the drop in wealth is only a fraction of their net worth.The collective wealth of the 10 wealthiest tech billionaires in the industry just dropped by $44 billion., Amazon CEO and founder Jeff Bezos saw the biggest drop in individual wealth, losing $9 billion.

Musk, Zuckerberg, and Gates are centibillionaires and these losses are all fractions of their overall net worth. For example, Bezos' net worth dropped by 4.5%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

حب الدنيا رأس كل خطيئة

lost to whom? is ther another people who get their $44billion, this week?

They didn't lose or gain anything. It's just market value of their stocks which could never possibly be sold, in their entirety, for the current market price.

Amazing and we are out here losing money in the little we own.. With all this money no one should be poor in this world. Lord let the riches of the gentiles come to us now in Jesus name according to your word. Amen billionarie

So they're looking for sympathy or is the news media looking for attention? I don't think anyone cares.

sad, my heart goes out to them

Poor guys... I'm crying....

Why and how they lost?

😱

How.

So

AnthoniaOrji Me sef lost 1000naira this week faaaa

They should be so lucky to have it to lose..!

Not when ☝️ of them are selling their own stock.

Well, It’s the exciting result!

Why do you report this? The stock value goes up, their capital goes up; when it goes down, their capita goes down. It’s a useless article.

as they should

Won't hurt their pockets; they won't miss it.

I feel for them. How can I donate?

That to all those billionaires is a penny drop in the bucket. $$😏

I dont think they will feel it.

Big fucking deal. There are people who actually work for a living still waiting for unemployment payments that are delayed due to antiquated computer systems...could they possibly help a nation out?

Peanuts for them, but not for the hard working Americans.

Deberiamos hacer un donativo, para que no se depriman, depronto llegan a viejos empobrecidos y con hambre.

Oh, boo. They are down to their last trillion.

Alien

Trash

Pocket change

Good

Poor babies!

These 3 need Teacher like Mukesh Ambani 😂

Will make double next couple weeks. They Loaded back enough.

...peanuts 🥜

JeffBezos looks like he already has a microchip planted in his head by elonmusk

GyebiLarnyoh

They lost $44 billion? There goes my weekend...

and that other guy bill gates

It’s meaningless.

Cry me a river ...

Sorry Jeff, Bill, and Elon, I don’t have that much to give you back your losses. For I am a very poor man.

Poor guys , I will buy them a drink.👍

Insane wealth inequality on display here.

See you in gitmo

Next week: ”Oh my god, they made 80 billion dollars this week.”

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:

 /  🏆 729. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside McDonald's whirlwind week and how brands are using TikTok - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Bezos, Musk, Zuckerberg and Gates lose a collective $25 billion in net worth after tech stocks fallTech companies took a beating Thursday, as S&P 500 tech sector closed down 5.8%. And? Tax the rich. A few pennies that they’ll get right back at some point...🤓...
Source: CNBC - 🏆 12. / 72 Read more »

Bill Gates-sponsored battery producer QuantumScape to join 'blank-check' IPO frenzy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Musk promises Tesla design overhaul, 'ravecave' at Berlin plant - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. They all ready had a rave-cave and it went bankrupt... I see Mr Musk turning back to his roots huh🤔?
Source: BusinessInsider - 🏆 729. / 51 Read more »

25-year-old sells high-school startup Luminar in a $3.4 billion deal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Time to get a beach house...with a chiropractor roommate...and pretend Charlie Sheen never lost his mind.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Warren Buffett's Apple stake plunged in value by $10 billion during Thursday's tech rout - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »