Top 10 Billionaires Who Lost The Most Money In Q1 Of 2025

The financial landscape for billionaires in 2025 has been rocky, with significant losses reported among some of the world’s richest people. 

Despite expectations of economic boom times under President Donald Trump’s administration, market instability and fears of a U.S. recession have led to sizable financial setbacks for many.

Here’s a breakdown of the 10 billionaires who have faced the heaviest financial losses this year, as reported by Bloomberg’s Billionaires Index:

Elon Musk 

The CEO of Tesla and SpaceX tops the list with a staggering loss of $132 billion, despite being the wealthiest person with a net worth of $301 billion.

Larry Ellison 

The Oracle co-founder saw his fortune decrease by $23.2 billion, bringing his total net worth to $169 billion.

Jeff Bezos  

The Amazon founder’s wealth dipped by $22.5 billion, though he remains one of the richest individuals with a net worth of $216 billion.

Jensen Huang 

As the head of Nvidia, Huang’s net worth declined by $20.3 billion, now totaling $94 billion.

Michael Dell 

The founder of Dell Technologies lost $20.1 billion, with his net worth now at $104 billion.

Larry Page

The Google co-founder experienced a $17.8 billion drop, with his total wealth now at $150 billion.

Changpeng Zhao 

The Binance co-founder saw his fortune reduce by $17.7 billion, leaving him with $35.6 billion.

Sergey Brin 

Another Google co-founder, Brin’s net worth decreased by $16.6 billion to $142 billion.

Mike Sabel 

As co-founder of Venture Global LNG, Sabel’s wealth is down by $15.8 billion, now standing at $8.9 billion.

Bob Pender  

Matching his business partner, the Venture Global LNG co-founder also reported a loss of $15.8 billion, maintaining a net worth of $8.9 billion.