Steve Ballmer, the former CEO of Microsoft, lost $19.4 billion.Ballmer owns the NBA's Los Angeles Clippers.
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The wealth of Ballmer, who was the CEO of Microsoft from 2000 to 2014, is mainly tied up in shares of the tech behemoth. After this year's loss, he's worth $86.2 billion.
In 2022, the company's growth slowed as it faced less demand for personal computers and a stronger US dollar. Sales of its Windows operating system fell, and its stock followed, falling by 28% over the year. Microsoft told investors to expect weak sales of personal computers into the new year.
Zeng Yuqun, the chairman of Contemporary Amperex Technology, lost $20.7 billion.Zeng chairs the world's largest supplier of electric-vehicle batteries.
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Most of Zeng's wealth comes from his 23% stake in Contemporary Amperex Technology, the largest supplier of electric-vehicle batteries. His net worth rounding out the year is $32.5 billion.
In April, the company reported its sharpest decline in quarterly earnings, with net income falling by 24%. Earlier in the year, prices for nickel, a major component of electric-car batteries, and other raw materials were unstable.
Bill Gates, a cofounder of Microsoft, lost $28.6 billion.Gates' net worth fell along with Microsoft stock.
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With a net worth of $110 billion, Gates has investments spread across companies, real estate, and land, but his shares of Microsoft are his most valuable single holding.
MacKenzie Scott, a novelist and philanthropist, lost $37.3 billion.Scott is the former wife of Jeff Bezos.
Evan Agostini/Associated Press
Like that of her ex-husband Jeff Bezos, Scott's net worth suffered from Amazon's stock drop this year. Most of Scott's wealth comes from a 3% stake in Amazon, whose shares tumbled by 50% this year. She's now worth $19 billion.
She said in a blog post in November that she'd given nearly $2 billion this year to 343 organizations supporting underserved communities.
Sergey Brin, a cofounder of Google, lost $44 billion.Most of Brin's net worth comes from his stake in Alphabet.
Evan Agostini/Invision/AP
Brin and his cofounder Larry Page lost a collective $89 billion this year as Alphabet and other tech companies dealt with a difficult year for digital advertising. Brin's net worth sits at $79.5 billion.
Like Page, Brin gets most of his wealth from his stake in Alphabet, Google's parent company. As of the end of last year, Page and Brin together owned 85.9% of Alphabet's Class B shares, meaning they held a little over 50% of the company's voting power.
Larry Page, a cofounder of Google, lost $45.3 billion.Page owns about 6% of Alphabet.
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Both Brin's and Page's net worth fell this year as Alphabet struggled with digital advertising. Most of Page's wealth — he's now worth $83.1 billion — comes from his 6% stake in Alphabet.
Changpeng "CZ" Zhao, the cofounder and CEO of Binance, lost $83.3 billion.Zhao suffered during this year's crypto winter.
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Most of Zhao's $12.6 billion net worth comes from his controlling stake in the cryptocurrency exchange Binance.
Since the collapse of FTX, which sought help from Binance before it filed for bankruptcy, the crypto market has faced scrutiny from investors worried about their assets.
The company has dealt with high inflation and slow growth in sales. Amazon was among several tech companies that laid off staff this year, cutting about 10,000 jobs, the most in its history.
Elon Musk, the CEO of Tesla, SpaceX, and Twitter, lost $132 billion.In 2022, Musk lost his title as the world's richest man.
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