Financial markets across the globe fell sharply on Friday, and Warren Buffett's wallet is taking a hit.
The Oracle of Omaha was on pace to lose over $2.3 billion from his top five holdings alone: Wells Fargo, Kraft Heinz, Coca-Cola, IBM and American Express, according to FactSet.
U.S. stocks dropped more than 2 percent after Chinese equities fell into bear market territory. The Dow Jones industrial average fell 536.94 points at session lows.
Dow Jones in 2016
Buffett, however, was not alone.
Amazon CEO Jeff Bezos was on track to lose nearly $1.9 billion. Bezos owns nearly 83 million shares of Amazon, FactSet data showed. The company's stock was 3.7 percent lower in afternoon trading.
Bill Gates, founder of Microsoft, was primed for a $475 million fall on Friday, as Microsoft dropped 4.1 percent. Gates still holds over 200 million shares of Microsoft, FactSet data showed.
Google co-founders Sergey Brin and Larry Page were on pace to lose over $784 million, as Alphabet's common stock fell over 3 percent.
Meanwhile, activist investor Carl Icahn was poised to lose over $138 million from his Apple holdings, which total nearly 53 million shares, according to FactSet.