Tech Titans Lost More Than $430B In 2022

Elon Musk

At a glance

  • The nation’s tech titans lost an aggregate total of more than $430 billion as shares of their once-hot companies plummeted this year.
  • Elon Musk, who runs Tesla, SpaceX and Twitter, saw his net worth nosedive by $132 billion dollars, as he no longer holds the title of world’s richest man.
  • Musk’s space rival Jeff Bezos lost $84 billion, followed by Meta CEO Mark Zuckerberg, who wealth fell $81 billion.

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