Ballmer, Bezos, Ellison, and Murdoch Out $20 Billion

175 CEOs at the US’s biggest companies have lost $42.3 billion or 28% of their equity stakes since their companies began their fiscal years, reports the Wall Street Journal. (But it’s all paper money, right?)

Among the biggest losers were tech/media titans we know and love: Amazon.com’s (AMZN) Jeff Bezos, Microsoft’s (MSFT) Steve Ballmer, Oracle’s (ORCL) Larry Ellison and News Corp’s (NWS) Rupert Murdoch.

  • Oracle Corp.’s Larry Ellison: $6.6 billion
  • Microsoft Corp.’s Steve Ballmer: $4.8 billion
  • News Corp.’s Rupert Murdoch: $3.9 billion.
  • Amazon.com Inc.’s Jeff Bezos: $4.2 billion

(Photos by AP)

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