Technology billionaires lose â¹1 lakh crore as stocks sink
Technology billionaires lost $15.5 billion (â¹1 lakh crore) on Monday as a sell-off of sector's most valuable companies intensified. Facebook's Mark Zuckerberg saw biggest drop in net worth of $3.2 billion, followed by a $1.3 billion decline for Alibaba's Jack Ma. The 59 technology billionaires on the Bloomberg Billionaires Index control $942 billion, more than any industry in the ranking.