Nvidia plummeted nearly 17%, and the wealth of technology giants led by Huang Renxun has shrunk sharply

Panews News on January 28th, the stock price of Nvidia (NVDA.0) plummeted by nearly 17%, and the market value loss set 589 billion U.S. dollars. According to Forbes website, the company's CEO and the largest individual shareholder Huang Renxun's net assets shrink $ 20.8 billion, from $ 124.4 billion to $ 103.7 billion, from the 10th place in Forbes's real -time billionaire list to 17th. Oracle (ORCL.N) fell 14%, chairman Larry Erisen's net assets shrunk by $ 27.6 billion, from the third richest list to fifth. The Bloomberg Billionaire Index shows that the world's 500 richest people lost a total of $ 108 billion on Monday, and the wealth of giants in the technology industry evaporated by 94 billion U.S. dollars, accounting for about 85%of the total decline of the index.