
Alex Wong/Getty Images; Rachel Mendelson/Insider
- The world’s 10 richest individuals have collectively misplaced virtually 1 / 4 of a trillion {dollars} year-to-date.
- Tech CEOs investing in the metaverse and cryptocurrency are ranked as the largest losers.
- These are the billionaires who have seen their net worth drop the most, per the Bloomberg Billionaires Index.
AP Photo/Mark Lennihan
Read extra: Facebook warns its Reality Labs metaverse business will lose even more money in 2023
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Read extra: Billionaire founder of crypto exchange Binance says he’s ‘poor again’ after its luna holdings crash
Adrees Latif/Reuters
Read extra: Elon Musk is $8 billion poorer after taking control of Twitter
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Read extra: How Amazon founder Jeff Bezos spends his fortune
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Read extra: Kitty Hawk, the flying-car company backed by Google cofounder Larry Page, is winding down
CHRISTOPHE ARCHAMBAULT/AFP through Getty Images
Read extra: The life and career of Bernard Arnault, the luxury goods mogul who owns brands like Louis Vuitton
Evan Agostini/Invision/AP
Read extra: Inside the wild and successful life of Sergey Brin, who helped create Google over 20 years ago
Evan Agostini/Associated Press
JEAN-PIERRE MULLER/AFP through Getty Images
Read extra: Meet billionaire L’Oreal heiress Françoise Bettencourt Meyers, the richest woman in the world
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Courtesy Nike
Read extra: Nike shares tumbled to their lowest price in more than two years
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Read extra: These are the 12 most powerful people in China you’ve probably never heard of
Visual China Group through Getty Images
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Read extra: Microsoft quietly laid off under 1,000 employees in teams across the company, from Xbox to government tech
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Read extra: Gucci, Louis Vuitton thrive despite the squeeze of inflation