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Elon Musk, Jeff Bezos, and the 8 other tech billionaires who lost the most money in 2022
Elon Musk, Jeff Bezos, and the 8 other tech billionaires who lost the most money in 2022
Britney NguyenDec 31, 2022, 16:51 IST
Jeff Bezos and Elon Musk are among the tech billionaires who lost the most money in 2022.Pascal Le Segretain/Getty Images and Michael M. Santiago/Getty Images
Ten of the world's tech billionaires lost a combined $575 billion in 2022 as stocks tumbled.
Inflation, a strong US dollar, and a tough digital-ad market took a toll on tech companies.
Net-worth figures are as of December 30.
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Steve Ballmer, the former CEO of Microsoft, lost $19.4 billion.
Ballmer owns the NBA's Los Angeles Clippers.Kimberly White/Getty Images
Zeng Yuqun, the chairman of Contemporary Amperex Technology, lost $20.7 billion.
Zeng chairs the world's largest supplier of electric-vehicle batteries.VCG via Getty Images
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Bill Gates, a cofounder of Microsoft, lost $28.6 billion.
Gates' net worth fell along with Microsoft stock.Dimitrios Kambouris/Getty Images
MacKenzie Scott, a novelist and philanthropist, lost $37.3 billion.
Scott is the former wife of Jeff Bezos.Evan Agostini/Associated Press
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Sergey Brin, a cofounder of Google, lost $44 billion.
Most of Brin's net worth comes from his stake in Alphabet.Evan Agostini/Invision/AP
Larry Page, a cofounder of Google, lost $45.3 billion.
Page owns about 6% of Alphabet.Justin Sullivan/Getty Images
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Mark Zuckerberg, the CEO of Meta, lost $79.9 billion.
Revenue at Zuckerberg's Meta fell this year.Kevin Dietsch/Getty Images
Changpeng "CZ" Zhao, the cofounder and CEO of Binance, lost $83.3 billion.
Zhao suffered during this year's crypto winter.Antonio Masiello/Getty Images
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Jeff Bezos, the founder of Amazon and Blue Origin, lost $85.2 billion.
Bezos' wealth fell as Amazon's stock dropped this year.Anadolu Agency / Getty Images
Elon Musk, the CEO of Tesla, SpaceX, and Twitter, lost $132 billion.
In 2022, Musk lost his title as the world's richest man.Adrees Latif/Reuters