Invezz

The internet's richest 20 people lost $175 billion last year

  • Mackenzie Scott lost a substantial 44.04% of net worth.
  • Jeff Bezos faced a notable setback with a 33.33% decline.
  • Colin Zheng Huang had a remarkable 167.26% surge in net worth.

In the ever-evolving landscape of the digital age, the fortunes of the world's wealthiest individuals are often a barometer of economic trends and industry shifts. The past year has seen a remarkable downturn for some of the most prominent figures in the tech world.

Invezz.com reports that the combined net worth of the richest internet billionaires plummeted by a staggering $175.4 billion.

The research analysed the data from November 29 2022 to November 29 2023.

Top losers

Mackenzie Scott: a whopping 44% drop

Mackenzie Scott, the third-wealthiest woman in the United States, known for her philanthropic endeavors, encountered a significant downturn, losing 44.04% of her net worth.

Jeff Bezos: 33.33% decline

Jeff Bezos, founder of Amazon and consistently one of the wealthiest individuals on the planet, faced a notable setback with a staggering 33.33% decrease in his net worth.

Larry Page and Sergey Brin: nearly 29% plunge

The Google co-founders saw a parallel decline in their fortunes, each experiencing a nearly 29% reduction in net worth over the past year.

Top gainers

Colin Zheng Huang: a remarkable 167.26% surge

Colin Zheng Huang, founder of Pinduoduo, emerged as a standout performer, experiencing a remarkable 167.26% increase in net worth.

Jan Koum: 39.80% rise

WhatsApp co-founder Jan Koum saw a significant upswing with a 39.80% increase in his net worth.

Robert Pera: 6.16% gain

Robert Pera, the founder of Ubiquiti Networks, Inc., experienced a moderate 6.16% increase in his net worth.

Rank Name Net worth 2022 Net worth 2023 Percentage change
1 Colin Zheng Huang $11.3 B $30.2 B +167.26%
2 Jan Koum $9.8 B $13.7 B +39.80%
3 Robert Pera $14.6 B $15.5 B +6.16%
4 William Ding $25.2 B $26.7 B +5.95%
5 Jack Ma $22.8 B $23.5 B +3.07%
6 Jensen Huang $20.6 B $21.1 B +2.43%
7 Larry Ellison $106 B $107 B +0.94%
8 Mark Zuckerberg $67.3 B $64.4 B -4.31%
9 Ma Huateng $37.2 B $35.3 B -5.11
10 Michael Dell $55.1 B $50.1 B -9.07%
11 Zhang Yiming $50 B $45 B -10.00%
12 Shiv Nadar $28.7 B $25.6 B -10.80%
13 Steve Balmer $91.4 B $80.7 B -11.71%
14 Bill Gates $129 B $104 B -19.38%
15 Eric Schmidt $22.1 B $16.2 B -26.70%
16 Laurene Powell Jobs $16.4 B $12 B -26.83%
17 Larry Page $111 B $79.2 B -28.65%
18 Sergey Brin $107 B $76 B -28.97%
19 Jeff Bezos $171 B $114 B -33.33%
20 Mackenzie Scott $43.6 B $24.4 B -44.04%

Harsh Vardan, lead news editor at Invezz commented: