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The Independent UK
The Independent UK
Lifestyle
Oliver O'Connell

Elon Musk and Jeff Bezos lose billions as tech stocks and crypto suffer steep falls

Elon Musk Jeff Bezos
Getty Images for TIME and Getty Images

Tumbling tech stocks and cryptocurrencies have seen the fortunes of some of the world’s richest people take a hit over the past week.

Bloomberg reports that Tesla and SpaceX founder Elon Musk lost $25.1bn, Amazon’s Jeff Bezos saw a $20bn drop in his fortune, Changpeng Zhao of Binance lost $17.7bn, and Facebook’s Mark Zuckerberg is $10.4bn worse off.

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