Musk lost US $ 25.1 B, Bezos lost US $ 20 B, Zuck lost US $ 10.4 B

Last week was a painful week for billionaires as everything from e-commerce to cryptocurrencies to online gaming tumbled. Markets fell by the most since the outbreak of the pandemic as the specter of interest rate hikes by the Federal Reserve settled over the economy.⁣

Elon Musk, the world’s richest person, saw his net worth drop by US $ 25.1 billion. Jeff Bezos shed US $ 20 billion from his fortune, while Mark Zuckerberg’s wealth fell US $10.4 billion.

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