There has been a steady decline in the wealth of top tech billionaires including Elon Musk, Jeff Bezos, this year there has been such a decline

According to the Bloomberg Billionaires Index, since the beginning of this year, the wealth of the world's richest person, Elon Musk, has fallen by $ 66.4 billion. At the same time, the wealth of Facebook co-founder Zuckerberg has decreased by about 70 percent this year.

There has been a steady decline in the wealth of top tech billionaires including Elon Musk, Jeff Bezos, this year there has been such a decline

Due to the fear of recession in the world, there has been a huge fall in the US stock markets. Because of this, the wealth of the world's top tech industrialists is seeing a big drop. If we talk about the last one year, the wealth of the world's 20 richest tech industrialists has declined by about $ 480 billion. It also includes the names of Elon Musk, Jeff Bezos, Mark Zuckerberg, Bill Gates.

According to the Bloomberg Billionaire Index, the wealth of the world's richest person and Tesla CEO Elon Musk has decreased by $ 66.4 billion since the beginning of this year and has come down to $204 billion, which is the highest for this year. Initially it was about $ 270 billion.

Along with this, the wealth of Bezos, the executive chairman of shopping website Amazon, has decreased by about $ 65.7 billion since the beginning of this year. On Friday, his wealth decreased by about $ 7.37 billion due to the fall in US markets. Amazon's stock was down nearly 8 percent on Friday.

Zuckerberg's wealth reduced by 70 percent

Zuckerberg has suffered the most in the fall in tech stocks this year. His wealth has decreased by $87.3 billion since the beginning of this year to $38.2 billion. Let us tell you, due to poor results, the stock of Facebook's promoter company Meta fell 25 percent on Thursday, due to which Zuckerberg's wealth was reduced by $ 11.2 billion in a single day. Due to this, he has now slipped to the 28th position in the list of the rich.

Big loss to Bill Gates too

Microsoft co-founder Bill Gates has been hit hard by the fall in tech stocks. So far this year, Gates's wealth has decreased by $27.3 billion. Along with this, the total wealth of Google co-founders Larry Page and Sergey Brin has also decreased by $ 40 billion.