Elon Musk and Jeff Bezos lose billions as tech stocks and crypto suffer steep falls

Tumbling tech stocks and cryptocurrencies have seen the fortunes of some of the world’s richest people take a hit over the past week. Bloomberg …

Tumbling tech stocks and cryptocurrencies have seen the fortunes of some of the world’s richest people take a hit over the past week.

Bloomberg reports that Tesla and SpaceX founder Elon Musk lost $25.1bn (£18.5bn), Amazon’s Jeff Bezos saw a $20bn (£14bn) drop in his fortune, Changpeng Zhao of Binance lost $17.7bn (£12.5bn),