All Content from Business Insider | 5 of tech's biggest names have together seen nearly $200 billion wiped off their fortunes this year as AI fever cools by Theron Mohamed
Oracle cofounder Larry Ellison has seen around $60 billion erased from his net worth this year.Andrew Harnik/Getty Images
Five Big Tech leaders have together seen almost $200 billion wiped off their net worths this year.Larry Ellison, Mark Zuckerberg, Jeff Bezos, Larry Page, and Sergey Brin have taken big wealth blows.Tech stocks have tumbled in recent weeks as AI buzz falters and the Iran conflict rattles investors.Five Big Tech bosses have taken a nearly $200 billion blow to their combined net worth this year as AI buzz eases and the US and Israel's war with Iran continues to spook investors.
Larry Ellison, Oracle's cofounder and tech chief, has seen his personal fortune shrink by about $60 billion since the start of January, the Bloomberg Billionaires Index shows.
Broad lossesRead the original article on Business Insider
#ai-stocks #big-tech #billionaires #tech-stocks #wealth







