Breaking News

Tech billionaires are having a really, really rough 2025

  • Eight technology has a $ 266 billion strike for their mass wealth this year.

  • Their shared net wealth decreased by $ 64 billion on Monday, when the Nasdaq Stock Exchange spent its worst day since 2022.

  • Elon Musk got $ 132 billion, or 30 % of his wealth, erased in 2025 after the Tesla SIM slice.

Eight technological billionaires have witnessed that their combined wealth is shrinking $ 266 billion this year, as President Donald Trump’s policies continued to intimidate investors.

This number exceeds the market value of most American companies, including Salesforce, MCDONALD’s and Wells Fargo.

Elon Musk, CEO of Tesla and Spacex, leads the losers list of wealth, according to the Bloomberg Billionaires Index. The richest person in the world got 132 billion dollars, or 30 % of his wealth, which has been eliminated in the past ten weeks after a 45 % segment in Tesla shares in that period.

Jeff Bezos from Amazon, Larry Ellson from Oracle, Michael Dell, and Nevidia Sins Huang, have witnessed more than $ 20 billion, which he erased from net net value this year with the decrease in the prices of their companies’ shares. Amazon and Oracle fell about 11 %, while Dell and NVIDIA decreased by 20 %.

Upon approximately the group, they go to the alphabet Larry Big and Sergey Brain – a decrease of about 18 billion dollars and $ 17 billion per year after a 12 % decrease in the shares of the parent company from Google – Steve Palmer, which decreased by about 13 billion dollars after a decrease of 10 % in Microsoft shares.

The value of the Tech Titans fell 64 billion dollars on Monday alone, with Nasdaq’s vehicle decreased by 4 %, which is its most severe loss since 2022.

The sale of Trump has arose a warning that there will be a “transitional period” for the American economy in an interview with Fox News on Sunday.

The president did not rule out a recession when asked if he expected one this year. He said that his focus was on strengthening America and achieving long -term prosperity: “You cannot really see the stock market.”

Trump’s comprehensive economic agenda focuses on the equation of American trade relations using customs tariffs, reducing immigration, lifting regulations, lowering taxes, and reducing the size of the federal government. His policies have raised inflation and concern for stagnation.

The increased uncertainty has reduced the tinnitus around artificial intelligence that raised the shares of technology and the broader market to record high levels this year. One of the results is that the 16 richest people in the world are less than 236 billion dollars than they were at the beginning of January after a decrease of $ 87 billion on Monday, for each rich Bloomberg list.

2025-03-11 20:24:00

Related Articles

Back to top button