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)