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Zuckerberg, Bezos, Musk Lose a Staggering Amount of Money

13
·3 min read
Zuckerberg, Bezos, Musk Lose a Staggering Amount of Money

The current Powerball jackpot of $1 billion may be an unimaginable number to most people, but it pales in comparison with the losses suffered this year by three of the world's richest billionaires. A tough year for tech giants Meta and Amazon has been magnified by a stunning week of disastrous earnings reports in the sector. Already dealing with a difficult year, shares of Facebook parent Meta have been trading in a challenging environment in part because of increasing skepticism about expectations for its role in the Metaverse.

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