America’s richest billionaires' net worth plunged on Tuesday as higher-than-expected US inflation data roiled Wall Street.

Jeff Bezos’s wealth plunged by $9.8 billion in a day

world's richest person Elon Musk’s net worth dropped by $8.4 billion 

Mark Zuckerberg, Larry Page, Sergey Brin and Steve Ballmer all declined by more than $4 billion

Buffett and Bill Gates lost $3.4 billion and $2.8 billion,

jeff Bezos is the founder of Amazon, the world's biggest online retailer

Musk is the chief executive of Tesla