--- title: "🔥💸 When the "Magnificent Seven" pull back, what I see is the real magnifying effect of wea" description: "🔥💸 When the "Magnificent Seven" pull back, what I see is the real magnifying effect of wealth leverage.Over the past two years, the combined new wealth of the world's top 10 richest people h" type: "topic" locale: "en" url: "https://longbridge.com/en/topics/38813085.md" published_at: "2026-02-20T22:05:01.000Z" author: "[辰逸](https://longbridge.com/en/profiles/16318663)" --- # 🔥💸 When the "Magnificent Seven" pull back, what I see is the real magnifying effect of wea 🔥💸 When the "Magnificent Seven" pull back, what I see is the real magnifying effect of wealth leverage. Over the past two years, the combined new wealth of the world's top 10 richest people has exceeded $1 trillion. An increase of $518 billion in 2024. Another increase of $578.6 billion in 2025. But less than two months into 2026, their combined wealth has already retreated by $45.6 billion. Many interpret this as a "tech retreat." I don't see it that way. What I see is—the wealth amplification mechanism of equity is operating in reverse. $Apple(AAPL.US) -2.9% $Amazon(AMZN.US) -10.3% $Alphabet(GOOGL.US) -4.5% $Meta Platforms(META.US) -1.4% $Microsoft(MSFT.US) -15.4% $NVIDIA(NVDA.US) -1.5% $Tesla(TSLA.US) -7.5% When these companies collectively pull back within the year, the wealth rankings naturally fluctuate. Because the net worth of these billionaires is essentially highly concentrated stock holdings. When they rise, wealth is amplified exponentially. When they fall, it's amplified just the same. What I'm more focused on is the structural differences. Elon Musk is still positive for the year, more from valuation increases in SpaceX and xAI, not $Tesla(TSLA.US). Jensen Huang still maintains positive returns, indicating that $NVIDIA(NVDA.US)'s short-term volatility hasn't changed the long-term logic of AI. Jim Walton's wealth increase comes from the steady performance of $Walmart(WMT.US). This gives me a signal: When tech valuations compress, cash-flow assets begin to play the role of stabilizers. Meanwhile, institutions are reconfiguring risk. Berkshire significantly reduced its holdings of $Amazon(AMZN.US) in Q4. Bill Ackman increased positions in $Meta Platforms(META.US) and $Amazon(AMZN.US) while reducing $Alphabet(GOOGL.US). This isn't a rejection of tech, but managing volatility. I always believe the Magnificent Seven won't lose their strategic position. But when valuations enter a high range, the market naturally raises its scrutiny standards. What's truly worth thinking about isn't how much short-term wealth evaporates. But rather— When AI capital expenditure is gradually realized, when profits and valuations realign, Who will be the first to recover the trend? Who will enter structural divergence? 📬 I will periodically share observations and analysis on 10x potential trading opportunities and key trends in popular stocks. Welcome to subscribe, let's complete forward-looking positioning together before the next wave of tech innovation begins. ### Related Stocks - [GOOGL.US - Alphabet](https://longbridge.com/en/quote/GOOGL.US.md) - [AAPL.US - Apple](https://longbridge.com/en/quote/AAPL.US.md) - [NVDA.US - NVIDIA](https://longbridge.com/en/quote/NVDA.US.md) - [TSLA.US - Tesla](https://longbridge.com/en/quote/TSLA.US.md) - [META.US - Meta Platforms](https://longbridge.com/en/quote/META.US.md) - [GOOG.US - Alphabet - C](https://longbridge.com/en/quote/GOOG.US.md) - [AMZN.US - Amazon](https://longbridge.com/en/quote/AMZN.US.md) - [MSFT.US - Microsoft](https://longbridge.com/en/quote/MSFT.US.md) --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.