5 richest tech billionaires collectively lose $85 billion of wealth in January

The world’s five richest tech billionaires have collectively lost $85.07 billion of their wealth in the first few weeks of 2022, as per Bloomberg Billionaires Index. While Elon Musk lost about $26.9 billion, Amazon Founder Jeff Bezos’ wealth declined by $24.7 billion in 2022. Microsoft Co-founder Bill Gates and Google Co-founder Larry Page’s wealth dropped by $9.5 billion and $11.9 billion, respectively.