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Fortune

Technology

Technology

Billionaires earning $10 billion per day in January are suddenly watching their net worth get wiped out—Elon Musk has lost $90 billion alone

Fortune
Summary
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The world’s richest people saw their fortune swell by $314 billion in January .

The Bloomberg Billionaire Index is heaving with numbers in the negatives.

Tech billionaires in particular are watching their wealth take a tumble.

DeepSeek's breakout success rocked the market, startling competitors like Meta and spurring praise.

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