Big Tech Founders Lose Billions After Government Considers Antitrust Probe

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Big Tech Founders Lose Billions After Government Considers Antitrust Probe
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The net worth of Amazon CEO Jeff Bezos fell the most.

Amazon CEO Jeff Bezos's net worth fell $6.5 billion on the news that authorities may investigate the company for antitrust concerns. Photographer: Andrew Harrer/Bloomberg: The fortunes of the founders of Google, Facebook and Amazon tumbled more than $16 billion dollars combined on Monday after reports surfaced that big tech firms may be the target of several antitrust probes.

Google founders Sergey Brin and Larry Page are $2.6 billion and $2.7 billion poorer, respectively. Brin’s net worth is now $45.6 billion while Page is worth $48.4 billion, according to Forbes’ Billionaires Real TimeFacebook CEO Mark Zuckerberg’s fortune is $4.8 billion smaller. His net worth is now $61.2 billion.

Amazon founder and CEO Jeff Bezos was the biggest loser, with his net worth dropping $6.5 billion. But he’s still the wealthiest person in the world with a net worth thatOn Monday, several news outlets reported that the Department of Justice and the Federal Trade Commission decided which agencies have jurisdiction over any possible antitrust cases againstThe DOJ will handle Google and Apple probes, while the FTC will investigate Facebook and Amazon.

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