As tech stocks have fallen, Elon Musk, Jeff Bezos, and Bill Gates, the world's three richest tech businessmen have lost $115 billion since the start of the year.
Huge Decline in Net Worth
Elon Musk, Jeff Bezos, and Bill Gates are some of the richest people in the world with great influence. However, by 2022, they along with many others on the list of the world's wealthiest people, have lost billions of dollars.
Companies founded by Musk, Bezos, and Gates were riding high waves of expansion just over a year ago. This was the time when the world was struggling with pandemic. Musk's Tesla grew during a difficult period for the automobile industry, making him the world's wealthiest person. He was also the Time's Person of the Year.
According to Bloomberg Billionaires Index, Musk's...
