Some people are rich. Others are wealthy. And then there’s that small fraternity of tech titans that wake up in the morning and find the equivalent of a winning Powerball ticket in their underwear drawer.
To give you just a little perspective of how fabulous the fortunes of the world’s richest people can ebb and flow on a daily basis, take a look at the winners and losers just from Monday, May 24, and see how things can change simply on the most minuscule movement of a stock price.
The fact that Bernard Arnault, the new richest person in the world saw his personal net worth rise $600 million Monday because the stock price of his company LVMH rose 0.4% shows just how crazy life is at the top of the Forbe’s Richest Person in the World list.
While you were eating breakfast this morning, the staggering net worth of five famous tech company founders increased more than the combined worth of the Dallas Cowboys, Los Angeles Lakers, New York Yankees and the Four Seasons.
Take a look. Winners!
- Elon Musk. +$3.5 billion
- Mark Zuckerberg +2.9 billion.
- Larry Page. +2.5 billion
- Sergey Brin. +2.3 billion
- Jeff Bezos +2.3 billion
Here’s who’s fortunes flopped this afternoon while you were eating lunch.
Losers:
Andrew Forrest -808 million
William Lei Ding -856 million
Zhong Huijuan -939 million
Zhang Bangxin -1.4 billion
Qin Yinglin -2.5 billion
Details of the rough day the last group had takes the sting off checking the value of your 401K and seeing it dipped a couple grand.
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