The Trump effect, this time, shaken the internal market of the United States causing a cataclysm: the president warned of a “transition period” for the economy, suggesting the risk of one recession. His economic agenda has frightened investors, increasing uncertainty about the markets. And the result was the collapse of Wall Street On black Monday of March 10, and in particular of Nasdaq. It was the worst day since 2022.
Trump scares the markets
The Big Tech billionaires, some of whom were fighting in followers of Donald Trump during the settlement ceremony of January 20, suffered enormous losses due to the collapse of the share market.
The sale was triggered byinterview by Trump a Fox News last Sunday. The next day the investors presented the account at Wall Street.
Who has lost more in one day
Is the Bloomberg Billionaires Index to deal with the super rich in their pockets. In statistics, however, it must always be borne in mind that the patrimony of the billionaires is made only in the slightest part of liquidity: the bulk is composed of the actions of their companies. Below is the list of billionaires who have lost more in one day:
- Elon Musk (Tesla, Spacex, Starlink) – 29 billion dollars;
- Mark Zuckerberg (Meta) – 9.5 billion dollars;
- Larry Ellison (Oracle) – 7 billion;
- Larry Page (Alphabet) – 6.16 billion;
- Sergey Brin (Alphabet) – 5.73 billion;
- Steve Ballmer, (ex Microsoft and today entrepreneur in basketball) – 4.17 billion;
- Jeff Bezos (Amazon) – 4 billion;
- Bill Gates (ex Microsoft) – 1.1 billion;
- Bernard Arnault (Louis Vuitton, Moët & Hennessy) – 1 billion.
The losses from early 2025
Summing up, eight of the richest CEO of technology have lost overall 266 billion dollars this year. And on Monday alone their net assets fell of 64 billion.
Elon Musk is at the top of the list of the most affected billionaires. The richest man in the world has lost $ 132 billion, equal to 30% of his assets, in the last ten weeks due to the collapse of 45% of the Tesla shares.
Losses also for Jeff Bezos (Amazon), Larry Ellison (Oracle), Michael Dell (Of the Technologies) e Jensen Huang (Nvidia): Each of them has lost over 20 billion dollars in the last two and a half months, since the actions of their companies have precipitated. Amazon and Oracle lost about 11%, while Dell and Nvidia dropped over 20%.
Larry Page And Sergey Brin (Alphabet) They lost $ 18 and $ 17 billion respectively about this year, following a drop of 12% of the Actions of Google’s parent company. Steve Ballmer He underwent a loss of about $ 13 billion after a drop of 10% of the Microsoft shares.
Bill Gates e Mark Zuckerberg They are still positive of 4-5 billion dollars. Warren Buffett it is at +14 billion in 2025 while Bernard Arnault (LVMH) e Amancio Ortega (Inditex) have gained between 6 and 7 billion thanks to their lower exposure to the Tech sector.
Despite the losses, the billionaires in the sector are consoled reminding that the 2024 he had closed for them with record earnings, equal to a total of across 500 billion dollars.
But in addition to the shades of the stock market, the experts are now asking what can happen to the big tech after the initial enthusiasm for artificial intelligence, which had pushed actions to record levels.
