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The Waltons Get Rich While Other Billionaires Get Poorer

Summary by 247wallst.com
Many tech billionaires have lost wealth in 2025 because the share prices in the companies they own mostly remain underwater. As an example, Amazon.com Inc. (NASDAQ: AMZN) stock is down 2% this year, while the S&P 500 is up 6%. That hurts Jeff Bezos’ net worth. Tesla Inc. (NASDAQ: TSLA) is down 25%, which undermines Elon Musk’s net worth. One “billionaire” stock is up. Walmart Inc. (NYSE: WMT) trades 9% above where it was at the start of the year…

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The Waltons Get Rich While Other Billionaires Get Poorer

Many tech billionaires have lost wealth in 2025 because the share prices in the companies they own mostly remain underwater. As an example, Amazon.com Inc. (NASDAQ: AMZN) stock is down 2% this year, while the S&P 500 is up 6%. That hurts Jeff Bezos’ net worth. Tesla Inc. (NASDAQ: TSLA) is down 25%, which undermines Elon Musk’s net worth. One “billionaire” stock is up. Walmart Inc. (NYSE: WMT) trades 9% above where it was at the start of the year…

·New York, United States
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247wallst.com broke the news in New York, United States on Monday, August 4, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

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