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Tech titans might be falling off world’s richest list

(KYMA, KECY/ CNN) - It's been a rough few months for some of the biggest names in Silicon Valley that Forbes might need to keep revising its list of the world's richest people.

Elon musk holds the top spot on the forbes ranking, but he's expected to testify in court this week about his Tesla compensation package. On top of that - Musk says Twitter could go bankrupt.

Amazon founder Jeff Bezos is the world's fourth-richest person, but just yesterday, he said he'd donate most of his wealth during his lifetime.

Finally, last month, Meta reported a 50% drop in its quarterly profits and Forbes reported in September Mark Zuckerberg fell off its list of the 10 richest people in the U.S., let alone the world.

Meanwhile, the companies the three men founded are laying off thousands of employees. Most of them don't have spare billions to fall back on.

Article Topic Follows: Consumer

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Cole Johnson

Cole Johnson is News 11’s Sports Director.

Contact Cole at cole.johnson@kecytv.com.

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