10 Billionaires Who Lost Big Money This Year

The wealthiest people in the world have amassed fortunes beyond most people’s wildest dreams — but when you have so much money to your name, that also means you have the most to lose.

The 10 richest people have lost a whopping $280 billion over the past 12 months. These losses are largely tied to the tanking stock performance in the tech sector, but the biggest monetary losers come from other industries as well, including the automotive, finance and commodities sectors.

See who made this list of wealthy people who have lost the most money from March 2022 to March 2023, ranked from smallest to largest losses, as identified by TradingPedia.

• March 2022 net worth: $91.4 billion
• March 2023 net worth: $80.7 billion
• Change in net worth: -$10.7 billion
• Reason for drop in wealth: Drop in Microsoft stock prices and charitable donations

• March 2022 net worth: $44.8billion
• March 2023 net worth: $33.4 billion
• Change in net worth: -$11.4 billion
• Reason for drop in wealth: Expansion costs and raw material costs related to his business, CATL, the world’s biggest manufacturer of electric vehicle batteries

• March 2022 net worth: $118 billion
• March 2023 net worth: $106 billion
• Change in net worth: -$12 billion
• Reason for drop in wealth: Drop in the value of Berkshire Hathaway’s investment portfolio

• March 2022 net worth: $43.6 billion
• March 2023 net worth: $24.4 billion
• Change in net worth: -$19.2 billion
• Reason for drop in wealth: Drop in Amazon stock prices and charitable donations

• March 2022 net worth: $129 billion
• March 2023 net worth: $25 billion
• Change in net worth: -$104 billion
• Reason for drop in wealth: Charitable donations

• March 2022 net worth: $107 billion
• March 2023 net worth: $76 billion
• Change in net worth: -$31 billion
• Reason for drop in wealth: Drop in Alphabet stock prices due to accuracy concerns about Bard, its experimental AI service

• March 2022 net worth: $111 billion
• March 2023 net worth: $79.2 billion
• Change in net worth: -$31.8 billion
• Reason for drop in wealth: Drop in Alphabet stock prices due to accuracy concerns about Bard, its experimental AI service

• March 2022 net worth: $219 billion
• March 2023 net worth: $180 billion
• Change in net worth: -$39 billion
• Reason for drop in wealth: $44 billion Twitter purchase and subsequent drop in Tesla stock prices

• March 2022 net worth: $90billion
• March 2023 net worth: $47.2 billion
• Change in net worth: -$42.8 billion
• Reason for drop in wealth: Accusations of accounting fraud, stock market manipulation and bypassing Indian securities laws

• March 2022 net worth: $171 billion
• March 2023 net worth: $114 billion
• Change in net worth: -$57 billion
• Reason for drop in wealth: Drop in Amazon stock prices

Net worth data is sourced from Forbes via TradingPedia and is accurate as of May 18, 2023.