Biggest Billionaire Losers 2022 — Elon Musk, Jeff Bezos Lead The List – CNBCTV18.com

By CNBCTV18.com Dec 30, 2022 7:44:16 AM IST (Published)Switch to Slide ShowSUMMARYThe world’s billionaires lost nearly $2 trillion, combined (globally), in the year 2022, according to Forbes. As tech stock prices took a nosedive triggered by rising interest rates, soaring inflation and a worsening economy, several billionaires saw their fortunes floundering this year. As 2022 comes to an end, here’s a look at the top billionaires who have lost the most this year.1 / 7 Elon Musk – Estimated losses: Nearly $115 billion; Net worth as of December 29: $139.9 billion | US billionaire and new Twitter CEO Elon Musk saw his fortune plunging the most in 2022. Musk’s net worth was slashed by about $115 billion this year, according to Forbes. Tesla’s stock price has also slumped by nearly 70 percent as of December 28. (Image: Reuters)2 / 7 Jeff Bezos – Estimated losses: Nearly $80 billion; Net worth as of December 29: $105 billion |  Bezos resigned from his role as Amazon chief executive last year to focus on his space exploration company Blue Origin. Once the second-richest person, he is currently ranked as the fifth-richest person in the world as of December 29, according to Forbes. Bezos owns around 10 percent of
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