<billionaires> Oouch,Ooouch man that hurts. Poor? No,Deflated? Si.
JD:
Look at them poor guys.<g>
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Billionaire Scorecard: Tech Fortunes Trimmed by Latest Slump
Billionaire Scorecard: Tech Fortunes Trimmed by Latest Slump
New York, Feb. 18 (Bloomberg) -- The swoon in Internet and computer stocks this month has shaved billions of dollars off the fortunes of billionaires whose riches are built on technology stocks.
The following table shows the effect of the market's drop on the stock and option holdings of some of the richest U.S. technology entrepreneurs, many of whom are still richer than they were at the beginning of the year.
The declines are calculated from 1999 closing highs for the stocks in which the individuals are the largest holders. Dollar figures are in billions.
Billionaire 99 High 02/18/99 Loss Change YTD
William Gates, Microsoft $87.6 $73.0 $14.6 -17% +5%
Paul Allen, Microsoft $24.2 $20.2 $4.0 -17% +5%
Steve Ballmer, Microsoft $21.0 $ $17.5 $3.5 -17% +6%
Michael Dell, Dell $20.6 $15.7 $4.9 -24% +12%
Lawrence Ellison, Oracle $13.9 $11.6 $2.3 -17% +18%
Gordon Moore, Intel $12.6 $11.5 $1.1 -9% +9%
Jeffrey Bezos, Amazon $10.9 $5.3 $5.6 -51% -18%
David Filo, Yahoo! $4.9 $3.0 $1.83 -38% +8%
Jerry Yang, Yahoo! $4.8 $3.0 $1.8 -38% +8%
Pierre Omidyar, eBay $4.6 $3.6 $1.0 -22% 3%
Stephen Case, AOL $1.5 $1.3 $0.2 -13% 0%
Values are based on the latest available information for stock holdings.
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