Technology Billionaires Lose $16 Billion After Today’s Selloff

Technology tycoons lost $15.5 billion from their fortunes on Monday as a sell-off of the sector’s most valuable companies intensified. Facebook Inc.’s Mark Zuckerberg saw the biggest drop in net worth of $3.2 billion, followed by a $1.3 billion decline for Alibaba Group Holding Ltd.’s Jack Ma and a $1.2 billion wipeout for Inc.’s Jeff Bezos. The 59 tech moguls on the Bloomberg Billionaires Index control $942 billion, more than any other industry in the ranking.

    More From this publisher : HERE

      Recommended Products

    • MailX Regular MailX is a powerful cloud-based autoresponder that comes with a low one-time fee.
    • A N I M A T I O - Main ( Unlimited Sites License ) Animatio is a unique visual Impact App which enables users to fix eyeballs to the page instantly… Forget changing themes, upgrading to the latest page builder or installing multiple plugins. Animation does it all… Just 1 click animates any element on any
    • WordRank WordRank is the first ever all-in-one cloud based SEO and Traffic software that gets you easy rankings and passive traffic and sales!
    • 3D FBX to ZF3D file converter

    Tags: technology business United States

    Related Post "Technology Billionaires Lose $16 Billion After Today’s Selloff"

    Billionaire Tom Barrack Throws Harvey Weinstein a Lifeline
    Billionaire investor Tom Barrack is circling the
    Weinstein Co. Name Change? Too Little, Too Late
    Already fired, Harvey Weinstein could lose his last
    How much money did Harvey Weinstein donate to Hillary Clinton?
    As new damning revelations about Harvey Weinstein’s