“Zuckerberg blows away 124 trillion won from wealth… 680 trillion won from ‘evaporation’ by 20 big tech rich” – The Herald Economics

WSJ “Inflation high, interest rates rising… due to persistent earnings shock”
Elon Musk and Jeff Bezos lost about 83 trillion won each

Mark Zuckerberg, CEO of Meta [연합]

[헤럴드경제] The Wall Street Journal (WSJ) reported on the 28th (local time) that the wealthy who own major US technology companies are recording astronomical property losses during the recent economic downturn.

This is the reason why stock values ​​of major IT companies plunged above the market average due to ‘earnings shock’ (shock of declining earnings) following the US Federal Reserve’s aggressive rate hike.

According to the Bloomberg Billionaires Index, the wealth of the top 20 people in the big tech industry, including Mark Zuckerberg, Elon Musk, Jeff Bezos, and Bill Gates, decreased by more than $480 billion (about 684.2 trillion won) from the beginning’ the year. the year appeared from the 27th

That’s equivalent to all the corporate values ​​included in the S&P 500 combined, the WSJ noted.

First, the wealth of Zuckerberg, the CEO of the meta platform, fell by $87 billion (about 124 trillion won), recording the biggest decline. Zuckerberg’s share value evaporated by US$11.2 billion (16 trillion won) on the day before the stock price plunged 24.6% with the announcement that Meta’s net profit fell 52% YoY in the third quarter.

Zuckerberg, who was ranked 6th in the world at the start of this year, has now been pushed down to 28th as doubts grow about the ‘Metaverse’ (3D virtual world) project being pursued in active.

Elon Musk, CEO of Tesla. [로이터]

The CEO of Tesla, Elon Musk, the richest man in the world, and the founder of Amazon Jeff Bezos lost about $ 58 billion each (82.7 trillion was won).

Larry Page and Sergey Brin, who co-founded Google’s parent company Alphabet, also lost $40 billion each. It was recently announced that YouTube, a subsidiary of Alphabet, recorded its first decline in advertising sales in the third quarter compared to the same period last year.

Alibaba’s Jack Ma lost $9.3 billion (13.3 trillion won), and Bezos’ ex-wife Mackenzie Scott lost $29 billion (41.3 trillion won).

Among the 20 richest people in big tech, their fortunes increased this year, including Zhang Ming (US$ 10.4 billion, won 14.8 trillion), the founder of ByteDance, which created the short video platform TikTok, and Robert Ferra (US$ 1.3 billion, 1.9 trillion). win), CEO of Ubiquity There were only two.

The WSJ said, “Even in the early days of the novel coronavirus infection (COVID-19) pandemic, one billionaire was born every 30 hours.” “I suffer from retardation,” he said.


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