Tech billionaires have collectively lost $34.4 billion in net worth as technology stocks suffered a sharp decline.
Leading the losses was Meta CEO Mark Zuckerberg, whose fortune shrank by $8.8 billion, according to Forbes’ real-time billionaire index.
Amazon founder Jeff Bezos followed closely, seeing his wealth drop by $7.9 billion. Google co-founders Larry Page and Sergey Brin, along with Oracle’s Larry Ellison, also took significant hits, losing $6.2 billion, $5.8 billion, and $5.7 billion, respectively.