Global Stock Market Selloff Erases $200 Billion from Billionaires

Tech giants like Jeff Bezos, Elon Musk, and Mark Zuckerberg face significant net worth declines amid economic concerns and AI skepticism.

The Nasdaq 100 fell 3.4%, with the Dow Jones and S&P 500 also experiencing sharp declines.
Jeff Bezos saw the largest single-day loss, with his net worth dropping by $8 billion.
Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg lost $7.9 billion and $7 billion, respectively.
Global markets reacted to weak US employment data and fears of a potential recession.
Japan's Nikkei index experienced its worst day since 1987, dropping over 12%.