Google's Founders Have Lost a Combined $62.8 Billion in the Past Year. Here's What Other Billionaires Including Jeff Bezos and Elon Musk Have Lost The world's wealthiest people lost approximately $280 billion in personal wealth.

By Sam Silverman

Assyfa/Shutterstock
Illustration of Sergey Brin and Larry Page.

The most affluent people in the world lost a combined total of $279.9 billion over the past 12 months, according to a new study by data analysts at the financial news advisory website TradingPedia.

Jeff Bezos lost the most personal wealth at $57 billion, leaving him with $114 billion compared to last year's $171 billion. Bezos' drop is $18 billion more than Elon Musk's loss of $39 billion. The losses follow turbulent times for tech companies, which have had mass layoffs over the last year.

Google founders Sergey Brin and Larry Page lost a combined $62.8 billion over the past 12 months, almost double what Microsoft's founders lost. According to the report, Bill Gates and Steve Ballmer posted a combined loss of $35.7 billion.

The study suggests that Google's founders' net worth drop follows the release of the company's AI service, Bard, in February 2023. After the chatbot publicly gave the wrong answer to a question, per NPR, shares of Google's parent company, Alphabet, fell around 7%.

RELATED: Google's Bard Already Made A Fact Error — In Its Wake, the Company's Value Dropped By $100 Billion

Image credit: Courtesy of TradingPedia.com

Other billionaires who lost big this year include Gautam Adani, Warren Buffet, MacKenzie Scott, and Robin Zeng.

RELATED: Google and Meta Execs Rake in Big Bonuses Despite Industry-Wide Layoffs

Sam Silverman

Entrepreneur Staff

Content Strategy Editor

Sam Silverman is a content strategy editor at Entrepreneur Media. She specializes in search engine optimization (SEO), and her work can be found in The US Sun, Nicki Swift, In Touch Weekly, Life & Style and Health. She writes for our news team with a focus on investigating scandals. Her coverage and expertise span from business news, entrepreneurship, technology, and true crime, to the latest in entertainment and TV news. Sam is a graduate of Lehigh University and currently resides in NYC. 

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