The economic uncertainty is exacerbated by Trump's planned tariffs, which include a significant increase on China from 104% to 125%, potentially shrinking tech earnings by as much as 25%, according to UBS analysts.

Elon Musk has experienced the largest personal loss among tech leaders, with his net worth dropping by $143 billion, largely due to a 28% decline in Tesla shares, which have lost $376.6 billion in market capitalization since January.

Apple's stock has plummeted by 18.5%, resulting in a staggering $684 billion reduction in market value, primarily due to anticipated tariffs on foreign-produced gadgets.

Google's stock has also suffered, falling by 16.2%, which has led to a $386.7 billion decline in its valuation, despite the company's prior support for Trump's inaugural fund.

Wedbush Securities analyst Dan Ives has characterized Trump's tariff policy as an 'Armageddon' for the tech sector, marking it as the most challenging environment for tech investors in 25 years.

Moody's Ratings analysts warn that no technology subsector will be spared from the negative impacts of these tariffs, indicating a grim outlook for the industry as a whole.

In the wake of these developments, Zuckerberg's net worth has decreased by $26.5 billion, with Meta's share price down nearly 2.25% year-to-date, leading to a $35.8 billion drop in the company's valuation.

Despite earlier hopes for business benefits from their support of Trump, such as reduced regulations, the tech sector is now grappling with new challenges related to tariffs targeting Asian supply chains.

Meanwhile, Bezos has seen his net worth decrease by $47.2 billion, with Amazon's shares down 13%, resulting in a total valuation loss of $316.8 billion since the beginning of the year.