Elon Musk and Mark Zuckerberg increased their net worth by $96.6 billion and $58.9 billion, respectively, thanks to rising share prices on the Nasdaq

  • 1019throw@lemmy.world
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    1 year ago

    I didn’t read the article, just the headline, but both can be true. They lost money but made a ton again. It’s no different than someone losing a huge amount in a 401k but then having even more money in the future by not selling and the market going back up.