“If you want to win big, you must be prepared to lose big”.

The list today really emphasizes the second part of that statement.

Here are the top 10 people who have LOST THE MOST MONEY in 2025 so far.

The last number will make you puke.

10. Sergey Brin -$11.7B

Net worth: $147 billion

How’d he get rich?
Sergey co-founded Google in 1998.

Why down bad?
Tech companies generally have had a tough year so far - Google is down about 9%.

The loss in context:
If we were to take 11.7 billion steps, assuming an average step is about 2 feet, we would cover approximately 4,430,303 miles. This distance would allow us to circle the Earth's equator about 178 times.

9. Larry Page -$12.6B

Net worth: $156 billion

How’d he get rich?
Another co-founder of Google!

Why down bad?
Tech stonks = not hot right now

The loss in context:
If you received $10,000 every single day, it would take you approximately 3,452 years to accumulate 12.6 billion dollars

8. Changpeng Zhao -$13.9B

Net worth: $39 billion

How’d he get rich?
Changpeng Zhao, or CZ, is CEO of Binance, the world’s largest crypto currency exchange.

Why down bad?
Crypto has been getting crushed!

The loss in context:
If you laid out 13.9 billion dollar bills end to end, they would stretch approximately 54,800 miles, enough to circle the Earth's equator more than 2 times.

7. Bob Pender -$15.7B

Net worth: $9 billion

How’d he get rich?
He’s the co-founder and executive chairman of Venture Global Inc, a supplier of liquified natural gas.

Why down bad?
The energy sector has been getting crushed.

The loss in context:
The combined net worth of Taylor Swift (~$1.1 billion) and Lionel Messi (~$600 million) would need to be multiplied nearly 10 times to reach $15.7 billion.

6. Mike Sabel -$15.7B

Net worth: $9 billion

How’d he get rich?
Mike the other co-founder of Venture Global Inc., the supplier of liquified natural gas.

Why down bad?
The company has had poor results, says they may not make as much money in the short-term as they thought they would, and the costs of a few key projects have gone up.

The loss in context:
At minimum wage ($7.25/hour in the US), working non-stop 24/7, it would take about 247,000 years to earn $15.7 billion.

5. Jeff Bezos -$16.7B

Net worth: $222 billion

How’d he get rich?
You heard of Kindle? Well he founded the company that built that (Amazon).

Why down bad?
That whole tech stock fiasco — Amazon is down 10% this year.

The loss in context:
If you earned $10,000 every day since the ancient Egyptian pyramids were built (around 2520 BC), you would still need about 300 more years to accumulate $16.7 billion.

4. Jensen Huang -$17.2B

Net worth: $97 billion

How’d he get rich?
He founded Nvidia, the chip manufacturer that has benefitted big-time from the AI boom.

Why down bad?
Tech stocks generally being down is one part, but also a Chinese AI model called DeepSeek has thrown Nvidia into question. DeepSeek built their model without the advanced computer chips Nvidia produces, which other AI companies claim to need. This made people wonder if the need for Nvidia’s chips by other companies will be shrinking.

The loss in context:
$17.2 billion represents the estimated damage to natural resources in the Gulf of Mexico caused by the 2010 BP Deepwater Horizon oil spill. 

3. Larry Ellison -$19.3B

Net worth: $173 billion

How’d he get rich?
Larry co-founded Oracle Corp., one of the world’s largest software companies.

Why down bad?
It’s a tech company, and most of those are down this year so far as people are concerned we are entering a weak patch in the economy.

The loss in context:
It is more than double the annual budget of NASA's Artemis program ($8 billion), designed to send humans back to the Moon.

2. Michael Dell -$20B

Net worth: $104 billion

How’d he get rich?
He founded Dell Technologies - the computer company.

Why down bad?
Tech stocks are hurting all round.

The loss in context:
If you counted one dollar every second, it would take you over 634 years to count $20 billion.

1. Elon Musk -$102B

Net worth: $330 billion

How’d he get rich?
Tesla and SpaceX, primarily, but the serial entrepreneur has also made money from payments (PayPal).

Why down bad?
Tesla is down 30% so far this year. Growth stocks generally, which Tesla definitely is and tech companies generally are, have been getting hit hard as investors are concerned that the economy is slowing.

The loss in context:
$102B is about the same as the annual GDP of Costa Rica.

And Musk is still the world’s richest person by over $100 billion.