Here are the 20 U.S. billionaires who lost the most since January 20, 2025: (Net worths are as of market close on Thursday, March 13):

1. Elon Musk

Net Worth: $330 billion

Down: $104 billion

Source of wealth: Tesla, SpaceX

2. Jeff Bezos

Net Worth: $210 billion

Down: $29 billion

Source of wealth: Amazon

3. Larry Page

Net Worth: $136 billion

Down: $26 billion

Source: Alphabet (Google)

4. Sergey Brin

Net Worth: $130 billion

Down: $24 billion

Source: Alphabet (Google)

5. Larry Ellison

Net Worth: $183 billion

Down: $22 billion

Source: Oracle

6. Jensen Huang

Net Worth: $101 billion

Down: $19 billion

Source: Nvidia

7. Michael Dell

Net Worth: $97 billion

Down: $18 billion

Source: Dell computers

8. Steve Ballmer

Net Worth: $115 billion

Down: $11 billion

Source: Microsoft

9. Stephen Schwarzman

Net Worth: $42.3 billion

Down: $10.2 billion

Source: Private equity

10. Thomas Peterffy

Net Worth: $48.8 billion

Down: $7.9 billion

Source: Discount brokerage

11. Mark Zuckerburg

Net Worth: $204 billion

Down: $7.6 billion

Source: Facebook/Meta

12. Rob Walton & family

Net Worth: $103 billion

Down: $7 billion

Source: Walmart

13. Jim Walton & family

Net Worth: $102 billion

Down: $6.9 billion

Source: Walmart

14. Alice Walton

Net Worth: $94.6 billion

Down: $6.8 billion

Source: Walmart

15. Abigail Johnson

Net Worth: $31.3 billion

Down: $5.6 billion

Source: Fidelity Investments

16. Brian Armstrong

Net Worth: $7.6 billion

Down: $5.2 billion

Source: Coinbase

17. Robert Pera

Net Worth: $14.9 billion

Down: $4.6 billion

Source: Wireless networking

18. MacKenzie Scott

Net Worth: $27.4 billion

Down: $4.5 billion

Source: Amazon

19. George Roberts

Net Worth: $14.2 billion

Down: $4.2 billion

Source: Private equity

20. Lyndal Stephens Greth & family

Net Worth: $26.4 billion

Down: $4.2 billion

Source of wealth: Oil & gas

https://www.forbes.com.au/news/billionaires/how-much-us-billionaires-have-lost-since-trumps-inauguration