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fromFortune
2 weeks ago

Tech billionaires are watching their wealth free-fall-Larry Ellison and Jeff Bezos have lost more than $66 billion this year alone | Fortune

When it comes to the world's richest billionaires, tech founders litter the top of the list. AI has been heralded as a multi-trillion-dollar industry, catapulting many founders to extreme wealth; but now AI bubble fears and doubts over valuations have led to billions erased from CEOs' net worths overnight. For Larry Ellison, whose net worth has been hardest hit, that looks like a $59.2 billion loss since the year started-and we're only in February.
Business
Business
fromTechCrunch
1 month ago

Tech billionaires cashed out $16 billion in 2025 as stocks soared | TechCrunch

Tech executives sold more than $16 billion in stock in 2025, largely through pre-arranged plans during an AI-fueled rally.
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