Stock Slide Hits Jeff Bezos the Hardest

Amazon founder lost $8B in a single day
Posted Aug 6, 2024 7:57 AM CDT
Stock Slide Hits Jeff Bezos the Hardest
Jeff Bezos arrives at the Vanity Fair Oscar Party on Sunday, March 10, 2024, at the Wallis Annenberg Center for the Performing Arts in Beverly Hills, Calif.   (Photo by Evan Agostini/Invision/AP)

When you have unimaginable wealth, a market plunge like Monday's takes a toll on the bank account that is hard to fathom for mere financial mortals. Amazon's Jeff Bezos got hit the hardest in the global rout, reports Quartz, but others shared his pain. Forbes rounds up the biggest individual losses:

  1. Bezos lost $8 billion as his fortune dropped to $179 billion.
  2. Nvidia CEO Jensen Huang lost $7.9 billion, and his fortune fell to $87 billion.
  3. Meta CEO Mark Zuckerberg lost $7 billion, falling to $164 billion.
  4. Oracle chairman Larry Ellison lost $6 billion, falling to $159 billion.
  5. Elon Musk—CEO of Tesla and SpaceX, and the world's richest person—lost $6 billion, falling to $221 billion.
(All of the above should claw back some of those losses on Tuesday.)

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