Big news about some super-rich tech people! Their money, a lot of it, has gone down. It's all tied to something called the stock market, which is like a giant scoreboard for companies. When companies do well, the people who own parts of them get richer; when companies struggle, they lose money.
- Eight super-rich tech bosses lost a HUGE amount of money this year.
- Elon Musk lost the most, around $132 billion!
- This happened because the stock market went down.
- President Trump's plans for the economy made people nervous.
| Person | Money Lost (Billions) |
|---|---|
| Elon Musk | $132 |
| Jeff Bezos | >$20 |
| Larry Ellison | >$20 |
| Others | Various amounts, totaling hundreds of billions |
