The 20 richest tech billionaires, including Mark Zuckerberg and Jeff Bezos, have collectively lost nearly half a trillion dollars this year, which is more than the market values of all but seven companies in the S&P 500
have each seen more than $58 billion in wealth wiped away this year. Both entrepreneurs have jockeyed in the past foralso runs rocket company SpaceX. He founded Boring Co., an underground tunnel business, as well as neuroscience startup Neuralink Corp. And this week, he
of Twitter Inc. and will take the social-media company private. Mr. Musk is currently worth $212 billion.Evan Agostini/Associated Press The wealth of Mr. Bezos, meanwhile, is valued at $134 billion. Amazon’s shares fell 7% on Friday as Wall Street was disappointed with the company’s sales forecast for the current quarter, which fell short of analysts’ expectations.co-founders Larry Page and Sergey Brin, who are among the 10 richest people in the world, have also seen their net worth dented.
Most of the richest tech entrepreneurs are a who’s who of American tech tycoons, but a few are from outside the U.S. Jack Ma, for instance, built his e-commerce giantfrom scratch into one of China’s largest business empires. He has lost $9.3 billion in wealth this year, according to the index, and currently has a net worth of $29.1 billion.
The only woman among the top 20 richest tech moguls is MacKenzie Scott, the billionaire philanthropist who built her fortune creating Amazon with her now ex-husband, Mr. Bezos. More than $29 billion vanished from her net worth this year, although that can be attributed in part to the
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