Stock market crash causes Atlassian billionaire's fortune to shrink by one third.

Due to the global stock market selling off industries threatened by artificial intelligence, Michael Cannon-Brookes and Scott Farquhar's wealth has shrunk by approximately $7.2 billion this year, a decrease of one-third. Atlassian's stock price has plummeted by 50% this year, making it the worst-performing stock in the Nasdaq 100 index. These two founders have fallen out of the top 500 of the "Bloomberg Billionaires Index" as a result. Despite facing a decrease in wealth, Cannon-Brookes remains optimistic about the impact of AI, stating that "AI is one of the best things Atlassian has experienced" and indicating that the company will continue to invest heavily in AI research and development.