.ElonMusk and JeffBezos among billionaires who lost $50B in stock market slump
Eight of the 10 wealthiest in the world saw their fortunes take huge hits Tuesday after the stock market had its worst day since June 2020 following a crucial inflation reading that came in worse than expected.
Among the Big Tech stocks that were crushed Tuesday, Netflix also lost more than 7%, and Meta, the parent company of Facebook, shed more than 9% of its value. Apple declined by 6% as investors sold their holdings.
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