Losing Billions Of Dollars In A Single Day Is Hard To Fathom For Anybody

David Hookstead | Reporter

Yesterday, multiple billionaires took massive hits to their net worths after the stock market took a big hit yesterday.

NBC news reporter Scott Budman tweeted the following on several billionaires:

Had a rough day? Mark Zuckerberg lost $3.6 billion today. Jeff Bezos lost $3.2 billion. Google’s founders lost $2.3 billion, each. Bill Gates lost $2.2 billion. (Source: Bloomberg)

I can’t imagine waking up one morning and having billions of dollars gone. It’s not like a rough day at the casino when you might lose a few hundred or a grand. That sucks, but you move on pretty quickly. Losing billions? How does a person even react to that. I understand they’re all still billionaires, but it’s mind-boggling to even envision.

For example, I was once with somebody when they were informed they’d lost $300,000. The man chuckled, shrugged his shoulders, said he’d get it back and went back to what he was working on. I thought that kind of reaction was insane. I would be losing my mind if somebody told me that I had just lost more than a quarter of a million dollars. Now imagine being told you’ve lost billions. How does a person even react to that? I would go crazy if I woke up one morning and had lost the equivalent of an entire pro sports league’s contracts.

I thought the dude who lost $300,000 was out of his mind for laughing about it, and not even slowing down to take a moment to care. That’s pennies compared to losing billions. It just makes no sense to me at all, but maybe that’s why these guys are billionaires and I’m not.

Follow David on Twitter

David Hookstead

Reporter
  

Trending

The Gorgeous Wives And Girlfriends Of PGA Tour Golfers [SLIDESHOW]
Woman Who Pushed Her Friend Off A Bridge Finally Speaks Up With Surprising Comments
NFL Star Is Facing Jail Time. Here's The Reason Why
Lindsey Pelas Lights Up The Internet With Sizzling Bikini Shot