{"id":146436,"date":"2022-09-15T11:24:35","date_gmt":"2022-09-15T16:24:35","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/09\/tech-billionaires-lost-50-billion-as-stock-prices-tumbled-on-tuesday"},"modified":"2022-09-15T11:24:35","modified_gmt":"2022-09-15T16:24:35","slug":"tech-billionaires-lost-50-billion-as-stock-prices-tumbled-on-tuesday","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/09\/tech-billionaires-lost-50-billion-as-stock-prices-tumbled-on-tuesday","title":{"rendered":"Tech billionaires lost $50 billion as stock prices tumbled on Tuesday"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/tech-billionaires-lost-50-billion-as-stock-prices-tumbled-on-tuesday2.jpg\"><\/a><\/p>\n<p>Only two of the top 10 billionaires registered gains.<\/p>\n<p>The world\u2019s top richest people collectively lost $50 billion of their personal fortune as the New York Stock Exchange slumped on Tuesday amidst fears of rising inflation and looming inflation. Elon Musk, Jeff Bezos, Warren Buffet, Google Guys, nobody was spared as prices of stock held by them tumbled, Market Insider.<\/p>\n<hr>\n<p>1, 2<\/p>\n<p>Even as most people struggled to balance their work and life during the pandemic, the world\u2019s top billionaires were struck gold and saw their fortunes soar. According to a CBS report in 2021, the first year of the pandemic gave a $4 trillion boost to the billionaires\u2019 wealth, raising the call for a \u201cwealth tax.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Only two of the top 10 billionaires registered gains. The world\u2019s top richest people collectively lost $50 billion of their personal fortune as the New York Stock Exchange slumped on Tuesday amidst fears of rising inflation and looming inflation. Elon Musk, Jeff Bezos, Warren Buffet, Google Guys, nobody was spared as prices of stock held [\u2026]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,2019],"tags":[],"class_list":["post-146436","post","type-post","status-publish","format-standard","hentry","category-biotech-medical","category-elon-musk"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/146436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=146436"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/146436\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=146436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=146436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=146436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}