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Elon Musk's wealth declines by $15 billion as tech stocks plunge

That leaves Musk's fortune at $268.9 billion

Elon Musk. Photo: Reuters
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Elon Musk. Photo: Reuters

Scott Carpenter | Bloomberg
The richest U.S. tech moguls dropped tens of billions in collective wealth as technology stocks tumbled amid fears of inflation and economic tightening. 
 
Elon Musk’s net worth fell by $15.2 billion on Friday -- the most among tech billionaires -- after Tesla Inc. shares extended losses. That leaves Musk’s fortune at $268.9 billion, which is still up 72% for the year, according to the Bloomberg Billionaires Index. 

Jeff Bezos’s net worth dropped by $2.7 billion as shares of Amazon.com Inc. declined 1.4% in New York, while Oracle Corp. co-founder Larry Ellison saw his fortune fall $2.6 billion. Mark Zuckerberg’s wealth dropped