Tech Selloff Wipes $185 Billion From Fortunes, Knocks Huang Out of Top 10

Broad losses in AI-infrastructure stocks on Thursday cut $185 billion from the fortunes of the 500 wealthiest people, marking one of the largest single-day declines in the ranking’s history and highlighting the scale of the equity pullback watched by crypto traders. Nvidia fell 9.3%, its largest one-day decline since January 2025. SpaceX dropped 9%, and Oracle fell 6.9%. All three companies are closely tied to AI infrastructure. Jensen Huang, Nvidia’s CEO, lost $15.1 billion, leaving him with a net worth of $150.9 billion.

Source: TokenPost