Jeff Bezos, Elon Musk and 8 other billionaires lose $44 billion in a day

Jeff Bezos, Elon Musk and 8 other billionaires lose $44 billion in a day

- Ten wealthiest mogul in the technology industry have lost $44 billion from their collective wealth

- The billionaires lost the huge amount of money on Thursday, September 3, as the United States equities tumbled

- Jeff Bezos topped the list of those that lost on Thursday as the Amazon co-founder had $9 billion erased from his wealth

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The ten richest technology moguls lost $44 billion from their collective wealth on Thursday, September 3, as the United States equities tumbled.

The wealthiest man in the world and co-founder of Amazon Inc, Jeff Bezos, lost the most as $9 billion was erased from his wealth.

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Jeff Bezos, Elon Musk and 8 other billionaires lose N5 trillion

Jeff Bezos. Photo credit: Forbes
Source: UGC

According to a report by Bloomberg, Amazon's shares fell the most since June, while Tesla CEO Elon Musk had $8.5 billion erased from his wealth.

These are the ten world's 10 richest tech moguls that lost $44 billion on Thursday, September 3:

  1. Bill Gates: $2.9 billion
  2. Elon Musk: $8.5 billion
  3. Jack Ma: $1.6 billion
  4. Jeff Bezos: $9.0 billion
  5. Larry Ellison: $2.4 billion
  6. Larry Page: $3.6 billion
  7. MacKenzie Scott: $3.2 billion
  8. Mark Zuckerberg: $4.2 billion
  9. Sergey Brin $3.5 billion
  10. Steve Ballmer: $4.8 billion

In other news, MacKenzie Scott has become the richest woman in the world. MacKenzie and her ex-husband Jeff Bezos, the founder of Amazon, settled their divorce in 2019.

As a result of the divorce settlement, MacKenzie was the recipient of around $38 billion worth in Amazon shares.

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The large sum has seen her surpassing the previous record holder, Françoise Bettencourt Meyers, an heiress who owns and controls 33.3% of the world's largest cosmetic company L'oreal.

MacKenzie, who is a philanthropist, does not shy away from charity. In July this year, she donated $1.7 billion of her wealth to several different causes.

Meanwhile, Charlette Desire N'Guessan, an Ivorian lady who leads a Ghana-based startup called BACE Group, has become the first woman to win the Royal Academy of Engineering Africa Prize.

Reports obtained by confirm that Charlette, out of 16 great competitors for the prize, won and took away £25,000 after eight months of learning, networking and hard work.

Her innovation, BACE API, is a secure facial recognition technology for secure identity verification. BACE API uses live facial recognition technology to verify identities and protect financial and online identity fraud.

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