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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

Opinions expressed by Entrepreneur contributors are their own.

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

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

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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