America's tech billionaires have taken a major hit in the last year. Forbes400
year ago, America’s technology billionaires were soaring, with markets near all-time highs and VCs pumping big money into startups. What a difference a year makes.
In all, there are 65 people who made their fortunes in technology on the 2022 list; 50 are poorer than they were in 2021. Others in tech-adjacent fields were hit, too. The $315 billion decline in wealth does not include, for example, the $76.8 billion drop in Mark Zuckerberg’s fortune due to a plummet in shares of Facebook-parent Meta.categorizes social media billionaires like Zuckerberg as part of the media & entertainment sector.
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