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Business

Ouch! 5 CEOs lost $20 Billion this year

And you thought you had a lousy year in the market. At least you didn’t lose $20 billion.

Steve-Wynn-Sheldon Adelson

 

Five CEOs of companies in the Russell 1000 index, including Nicholas Woodman of camera maker GoPro, Sheldon Adelson of casino operator Las Vegas Sands and even the famed investor Warren Buffett of Berkshire Hathaway , lost more money on their companies’ shares than any other CEOs this year, according to a USA TODAY analysis of data from S&P Capital IQ…

Fellow casino titan Stephen Wynn at Wynn Resorts didn’t quite lose a $1 billion this year, so he didn’t make this list, but his $800 million stock-value hit will leave a mark, too.

 

Read the full story at USA TODAY, by Matt Krantz

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