# @benzinga on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/CkYXQrOqv4J
- **Gondola URL:** https://gondola.cc/posts/21840933-benzinga-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/63dab3f99c.jpg
- **Posted:** 2022-10-31T14:01:44.000+00:00
- **Account Owner:** Benzinga | News That Moves (@benzinga) — https://gondola.cc/benzinga

## Caption

According to the Bloomberg index, Meta Platforms Inc chief Mark Zuckerberg, Microsoft Corporation co-founder Bill Gates, and Oracle Corporation’s Larry Ellison have collectively lost $480 billion in paper wealth this year.

Zuckerberg’s net worth fell by $11.2 billion after Meta’s disappointing earnings reports. The company’s revenue went into the red for the second consecutive quarter.

Zuckerberg’s total wealth accumulation has fallen by more than $87 billion this year. He currently has a net worth of around $37.7 billion, a 73% fall from the $142 billion peak in September 2021. Follow @benzinga

Tesla Inc chief Elon Musk and Amazon.com, Inc Chairman Jeff Bezos have each seen more than $58 billion of wealth lost this year.

While Musk is currently worth of $212 billion, Bezos’ total wealth is valued at $134 billion.

Alphabet Inc founders Larry Page and Sergey Brin have lost more than $40 billion in paper wealth this year.

Looking outside the U.S., China’s Jack Ma, co-founder of Alibaba Group Holding Ltd, has lost $9.3 billion in wealth this year. Currently, he has a net worth of $29.1 billion.

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## Stats

- **Views:** 18,880
- **Likes:** 355
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- **Comments:** 22

## Tags

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