Larry Ellison and Jeff Bezos have lost more than $73 billion since the beginning of the year.. What’s the reason?

Tech giants dominate the list of the world’s wealthiest people, even though artificial intelligence has created enormous fortunes. Recent fluctuations have caused billions of dollars to "vanish" from the accounts of industry tycoons in just a few days.

♦️ The biggest losers since the start of the year:
🔻 Larry Ellison $USD1 Oracle$USDG : The largest loss since 2026, approximately $59.2 billion, including $19 billion in just days.
🔻 Steve Ballmer Microsoft$USD1
: His wealth has decreased by $29 billion since the beginning of the year.
Jeff Bezos (Amazon): Lost $14 billion due to the recent sell-off.
Jensen Huang (Nvidia): Despite his company's successes, his losses this year have approached $12 billion.

📊 AppLovi.. the largest relative collapse
It’s not just the traditional giants; rising software companies are also affected:
Adam Foroughi (Adam Foroughi) – CEO: lost about 31% of his net worth.
John Krystynak (John Krystynak) – former CTO: his wealth declined by 30%.
️ Why did they lose billions?
The main reason is rapid fluctuations in the tech and AI stock markets:
Fears of an AI bubble led to a mass sell-off of stocks.
Competition from startups like DeepSeek affected the valuations of major companies like Nvidia.
Investment decisions described by experts as "strategy reversal," such as Oracle’s deal with OpenAI, quickly boosted wealth, then decreased just as fast.

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