More than half of those tracked by Bloomberg’s wealth index saw their fortunes tumble, with an average decline of 3.3%. Billionaires in the US were among the hardest hit, with Meta Platforms Inc.’s Mark Zuckerberg and Amazon.com Inc.’s Jeff Bezos leading the way. Here are some of the day’s biggest losers:
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CNBC TV1831-12-2025, 20:36

2025 Billionaire Fortunes: Musk Soars by $333B, Others Face Major Losses

  • Elon Musk emerged as the biggest gainer in 2025, adding over $333 billion to reach $754.4 billion, becoming the first to cross $700 billion.
  • Google co-founders Larry Page and Sergey Brin gained $98.7 billion and $86.1 billion respectively, driven by strong tech stock performance.
  • Jensen Huang (NVIDIA) and Larry Ellison (Oracle) also saw significant wealth increases, adding $42.3 billion and $40.6 billion.
  • Willis Johnson, E. Joe Shoen, Mark Shoen, Andrew Bialecki, and Albert Chao's family were among the top losers.
  • Losses were attributed to slowing auto auction business, rising costs, cooling software stocks, and weaker chemical demand.

Why It Matters: 2025 saw Elon Musk's unprecedented wealth surge, while several billionaires faced significant losses.

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