In the past five months, the value of musk, Bezos and Gates has decreased by $115billion

The following is the In the past five months, the value of musk, Bezos and Gates has decreased by $115billion recommended by recordtrend.com. And this article belongs to the classification: global economy , Investment & Economy.

In the past five months, as the US stock market plummeted, the super rich suffered heavy losses. The net assets of Elon Musk, the world’s richest man, Jeff Bezos, the founder of Amazon, and Bill Gates, the co-founder of Microsoft, decreased by a total of $115billion.

According to the Bloomberg billionaire index, Musk’s assets have shrunk by $46.4 billion, Bezos has shrunk by $53.2 billion, and Gates’ assets have shrunk by $15.1 billion. As of last Friday, Musk’s net assets were $224billion, Bezos $139billion and gates $123billion.

Bernardarnault, chairman of LVMH group, a French luxury group, is currently the third richest person in the world. Since January this year, his assets have shrunk by $44.7 billion to $133billion.

Most of Musk’s and Bezos’ wealth is linked to Tesla’s and Amazon’s shares, respectively. They are the current and former chief executives of the two companies. However, Gates has a relatively small stake in Microsoft, which he co founded with others.

Musk holds 15.6% of Tesla’s shares, worth about $122billion. The company’s share price has fallen nearly 37% so far this year.

In April this year, musk acquired 9.2% of the shares of twitter, which made investors question whether he could concentrate on managing Tesla, leading to a sharp drop in Tesla’s share price. Musk has sold $8.4 billion worth of Tesla shares to fund its acquisition.

Gates’ more diversified portfolio helped him survive the sell-off. The bill and melindagates foundation is a charitable organization jointly established by gates and his ex-wife. It mainly invests in Warren Buffett’s Berkshire Hathaway, whose share price has risen 5% this year.

But Gates’ other investments, including his investment company cascade investments (investing in technology companies such as apple), have experienced a more bumpy journey. In the face of inflationary pressure and declining consumer confidence, technology stocks have experienced a sharp correction in recent months.

Bezos currently holds about 50million shares of Amazon, worth about $115billion. The stock has fallen by nearly a third this year, but its market value is still nearly $1.2 trillion. Tesla’s share price, after falling nearly 37%, now has a market value of about $786billion.

Read more from Netease Technology: Forbes : in 2020, Musk’s salary reached 71billion yuan, becoming the world’s highest CEO. Dutch international group: the wave of selling in emerging markets may not be over. Goldman Sachs: the companies that IPO in 2019 have the lowest profits since the technology boom in 1999. Boston Consulting: Women control 30% of the world’s wealth. Beacon Economics: in 2016, the employment growth rate of the technology industry in the U.S. Gulf fell to 3.5% maplight: in 2014, the U.S. congressman’s shareholding report, the number of Ge shareholders reached 69 at most In november2014, Apple’s market value exceeded $700billion. In August 2014, Apple’s market value reached $612.2 billion, exceeding the sum of general electric and Wal Mart by $100billion. Cambridge University: when will Apple’s market value exceed $800billion when the threat of economic development disappears? What did at&t, once the world’s largest IT company by market capitalization, buy from DirecTV with us $65billion? US Department of Commerce: the monthly order rate of durable goods in the US rose steadily by +2.6% in March 2014 Tencent: on April 10, 2014, it issued US $5billion medium-term notes and the full text of the announcement. In November 2014, Microsoft’s market value reached US $408.9 billion, surpassing ExxonMobil to become the second largest in the world

If you want to get the full report, you can contact us by leaving us the comment. If you think the information here might be helpful to others, please actively share it. If you want others to see your attitude towards this report, please actively comment and discuss it. Please stay tuned to us, we will keep updating as much as possible to record future development trends.

RecordTrend.com is a website that focuses on future technologies, markets and user trends. We are responsible for collecting the latest research data, authority data, industry research and analysis reports. We are committed to becoming a data and report sharing platform for professionals and decision makers. We look forward to working with you to record the development trends of today’s economy, technology, industrial chain and business model.Welcome to follow, comment and bookmark us, and hope to share the future with you, and look forward to your success with our help.