Business

Software Billionaires Drop $62 Billion In AI-Driven Stock Slump

Software billionaires have lost at least $62 billion in 2026 amid a selloff triggered by AI concerns and poor market performance, with AppLovin founders seeing the steepest declines.

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Feb 5, 2026 - 14:30
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Software Billionaires Drop $62 Billion In AI-Driven Stock Slump
Software billionaires have lost at least $62 billion in 2026 amid a selloff triggered by AI concerns and poor market performance, with AppLovin founders seeing the steepest declines.

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