On Monday, April 3, the NASDAQ experienced its greatest one-day point loss
ever, plummeting 349.15 points to lose 7.6 percent of its value. At the end
of the day, tech's wealthiest found themselves billions of dollars poorer on
paper. April 2000 Bill Gates watched $12.1 billion - more than 14 percent -
of his personal worth vanish. That's enough to buy 67 Boeing 747s or 41,522,491
copies of Windows 2000! Catharine Lo, Wired Magazine.
A decade earlier, on black Monday, the Dow took a similar nosedive,
falling 508 points and shearing off 22.6 percent of its total worth. (A 24.4
percent drop in 1914 remains the largest in Dow history).