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September 16, 2025
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The list of billionaires who have lost money this year

The list of billionaires who have lost money this year

2025 has not been a good year for some of the most resonant names in the business world, since although the global economic cycle has shown ups and downs, market volatility, political tensions and political tensions and The difficulties of each sector have hit the fortunes of several billionaires strongly.

According to the Bloomberg billionaire index, the most recent record shows losses of tens of billions of dollars in some of the most emblematic assets of the Planet, being one of the most affected Elon Musk, CEO of Tesla and Spacex.

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According to this medium, despite the fact that their projects remain in the media radar and maintain a high component of innovation, the fall in the shares of Tesla has drastically reduced its fortune, so the employer went on to have a heritage below the USD $ 150,000 million, after losing more than $ 40,000 million compared to the closing levels of 2024.

Here it must be said that stagnation in sales of electric vehiclesadded to the pressure of new competitors and the increase in key materials, explains a good part of that setback.

Elon Musk / Larry Ellison

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On the other hand, Jeff Bezos, founder of Amazon, has also suffered a strong patrimonial blow and although the company continues to lead electronic commerce, the slowdown in the sector and the growing competition have made a dent in their accounts. At the beginning of 2025, Bezos saw how its wealth was reduced by around USD $ 35,000 million, which placed it among the largest losers of the year according to Bloomberg.

To this is added the internal pressure of the company itself, which in the last months have had to face staff cuts and less dynamism in their business divisions.

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Another of the big names on the list is Larry Ellison, co -founder of Oracle, who although he has managed to recover in recent months, cannot be overlooked that his personal fortune has been eroded by the decrease in the demand for services in the cloud, a segment where rivals such as Amazon Web Services and Microsoft Azure have gained ground.

The volatility in the global economy and the stumbling blocks of some of its investments In sectors such as biotechnology and real estate have also contributed to the losses, so the result resulted in a much more beaten heritage in 2025 compared to previous years.

Dollar dollars currency

US dollar

Alexander Gray – UNSPLASH

Bad of many

The panorama is not exclusive to these three giants and the Bloomberg index itself realizes that other renowned businessmen have also seen how their fortunes are reduced. Figures such as the Indians Gautam Adani and Mikesh Ambani, the founder of Binance, Changpeng Zhao, or the co -founders of Google, Larry Page and Sergey Brin, appear on the list of billionaires with notable falls in their heritage.

In some cases, the losses exceed USD $ 10,000 million in the run of the year, so analysts agree that part of this deterioration is explained by external factors difficult to control, such as tariff policies promoted by Donald Trump in the United States, which have generated tensions in several sectors, and The hardening of monetary policy in that same country, which keeps interest rates high.

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In this context, 2025 has been a year of transition for the global business elite and what were previously apparently armored fortunes, today they show cracks in the face of the pressure of the markets, the regulation and the braking of the economy. For Bloomberg, which carries the accounting of these changes in its index, it is a reminder that even the greatest wealth are exposed to the swings of the international environment.

Daniel Hernández Naranjo
Portfolio journalist

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