Elon Musk's wealth nosedives as tech stocks plunge

Dec 04, 2021 AlShorts Web Desk

Elon Musk’s net worth fell by USD15.2 billion on Friday — the most among tech billionaires — after Tesla shares extended losses. Jeff Bezos’s net worth dropped by USD2.7 billion as shares of Amazon declined 1.4% in New York, while Oracle co-founder Larry Ellison saw his fortune fall USD2.6 billion. The top 10 US technology billionaires combined hemorrhaged USD27.4 billion in wealth.