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The Independent UK
The Independent UK
Business
Karl Matchett

The world’s richest tech bosses have lost £168bn this year so far

Share prices in America’s stock markets largely rebounded on Wednesday after several sessions of steep losses, none more so in technology-related companies which have taken a battering of late.

From AI profitability concerns, political uncertainty over everything from tariffs to supply chains and a wider conversation over whether valuations had risen too high in any case, many of the world’s biggest companies such as Tesla and Nvidia have already seen their valuations plummet in 2025.

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