Elon Musk And The Other Billionaires Whose Fortunes Fell This Week As Tech Stocks Continue To Struggle

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The founders of Tesla, Oracle and Airbnb lost billions of dollars this week amid surging market volatility and continued pressure on tech stocks.

, falling over 10%. Even though Tesla posted record profits after reporting quarterly earnings on Wednesday, investors focused on the company’s warning that supply chain issues may hurt growth in 2022.

Other notable billionaires whose net worths fell this week include Airbnb CEO Brian Chesky and Roblox cofounder David Baszucki. Chesky, who cofounded the home rental company in 2008, dropped $1.1 billion to $11.3 billion, , as shares of Airbnb fell 9% this week. Meanwhile, shares of gaming company Roblox fell nearly 16% since last Friday, shaving roughly $700 million off of Baszucki’s net worth, which now stands at $3.

 

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And it won’t change a thing about their lives. They have more than they possibly ever need. It’s sickening.

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Elon probably requires a diaper change

why

🤣 yeah, what a struggle.. 😂

Billionaire wealth did not go down this week. Billionaires were selling shares and REALIZING ASTRONOMICAL GAINS in 2021, and generally even when the markets move down they are still REALIZING GAINS.

带着宝贝狗上火星

Did he sell some stock last year?

Yet he sold 1100-1200 and people said he was god, helped him get out near the highs

babydoge

Fuck um

His overall loss is like $1 to his overall wealth & you know it. It's not like he'll be on skid row anytime in the near future... -ONE.💯😂😂😂

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