Tech's biggest CEOs and founders lost $61 billion during the stock market's plunge in October — here's who got hit hard (FB, AMZN, AAPL, NFLX, GOOG, BIDU, BABA)

October was a rough month for billionaires in the tech sector, who saw their net worth plummet as stocks took a hammering.

According to Bloomberg data, the CEOs and founders of the most popular tech companies "FAANG+BAT" lost $61 billion in October.

The tech-heavy Nasdaq index plunged 9.2%, posting its worst month since the financial crisis.

And among the hardest hit were the "FAANG+BAT" stocks — Facebook (-7.7%), Apple (-3.1%), Amazon (-20.2%) Netflix (-19.3%), Google (-9.8%), Baidu (-16.9%), Alibaba (-13.6%) and Tencent (-14.1% in Hong Kong).

The list below provides details of the estimated net worth of some of tech's richest CEOs and founders:

More from Business Insider:

Advertisement