Here’s How Much Jeff Bezos and Mark Zuckerberg Lost in Today’s Stock Market Plunge

The world’s tech titans just took one on the chin.

The Nasdaq Composite Index tumbled 4.4 percent Wednesday, the most in more than seven years, erasing almost $33 billion from the fortunes of technology’s 61 richest people, according to the Bloomberg Billionaires Index.

Amazon.com Inc.’s Jeff Bezos, the world’s richest person, lost $8.2 billion, reducing his net worth to $138 billion, while Facebook Inc. Chief Executive Officer Mark Zuckerberg dropped $3.2 billion. Google co-founders Larry Page and Sergey Brin saw their fortunes slide by a combined $4.5 billion.

The 500 wealthiest people ranked on the Bloomberg index lost a total of $71 billion as the Dow Jones Industrial Average and S&P 500 also tumbled, erasing this year’s gains.

Source: Time.com

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