Jeff Bezos Is Nearly $10 Billion Poorer As Tech Selloff Chops Off $32 Billion From Fortunes Of Ten Billionaires - News Summed Up

Jeff Bezos Is Nearly $10 Billion Poorer As Tech Selloff Chops Off $32 Billion From Fortunes Of Ten Billionaires


Shares of the social media giant fell 6.3% in one day, shaving $6.4 billion off Zuckerberg’s net worth. The 3.5% decline in its share price Friday dragged down Gilbert’s net worth by $1.3 billion. Its shares declined nearly 6%; founder and CEO Eric Yuan, who owns 22% of the firm, lost $1.3 billion of his fortune. Ma Huateng, also known as Pony Ma, saw his net worth drop $1.3 billion on Friday. The net worth change is from close of markets Thursday, October 29 to Friday, October 30.


Source: Forbes October 31, 2020 10:52 UTC



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