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The world's 5 richest tech tycoons — including Elon Musk, Jeff Bezos, and Bill Gates — have already lost about $85 billion this year amid a brutal market sell-off

Markets Insider
Markets Insider
 2022-01-24
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The world's richest tech tycoons suffered heavy losses last week amid a market sell-off. Susan Walsh/AP; Joshua Roberts/Reuters; Axel Schmidt/Getty Images
  • Stock markets tumbled last week on fears about rising interest rates and inflation.
  • The tech-heavy Nasdaq index fell 8% last week and is down 13% this year.
  • The world's five richest tech tycoons have collectively lost about $85 billion in 2022.

Comments / 75

Not The Channel You are looking for
01-24

they wanna cry because they didn't make as much, man I hope the stocks n all that keep going down we need more money in the economy anyways 🙄 maybe it'll actually be beneficial to the people that make it run, aka the citizens 🤷🏻‍♂️

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13
Edward Smith
01-24

So sorry couldn't have happened to better people they deserve it should lose more so they can feel like the rest of us.

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17
King Cujo
01-24

Good.. The rich dont need to get richer.. There should be a cap on the amount a millionaire should have before the rest is put back into the country for the people... I mean we are the reason they are rich.. With out our money they wouldnt have any...

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7

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