The world's top 5 tech tycoons from Elon Musk to Jeff Bezos and Bill Gates have already lost about $85 billion this year after a brutal market selloff
The world's second-richest man, Amazon co-founder Jeff Bezos, lost about $25 billion since the year started.
Microsoft co-founder Bill Gates saw a $9.5 billion drop in his net worth since January 1, while Google co-founder Larry Page's net worth decreased by $12 billion. Rounding out the losses is Facebook's Mark Zuckerberg, whose net worth also dropped by about $12 billion so far this year. fell about 8% on the back of multiple factors including rising interest rates and inflation. The Nasdaq is down about 13% year-to-date.
Here's how the world's wealthiest people are faring on the Bloomberg Billionaires Index as of January 24:
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