The same tech CEOs who stood in the crowd and cheered as President Donald Trump was inaugurated in January have lost a combined $80 billion in net worths since he announced sweeping tariffs on nearly every one of the U.S.’s trading partners last week.
Between “Liberation Day” on April 2 and Wednesday, April 9, Meta CEO Mark Zuckerberg, Amazon co-founder Jeff Bezos and Tesla CEO Elon Musk have seen their net worth plunge, according to the the Bloomberg Billionaire Index.