Is when a company makes a loss mean that is the actual amount of money they lose?

AlongCameCindy
So for example in the photo on the loses (red down arrows) on the worlds billionaires it says that they are down by over a billion, does that mean the people have lost that amount of money 💰? If so that sounds so extreme 😂 but I don’t know if that’s how it works or is it something else, I was curious not sure if this is the best place to ask, but not sure what other sites I could ask on.
If you’re not sure either it’s okay just asking for people who may know.
Is when a company makes a loss mean that is the actual amount of money they lose?
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Is when a company makes a loss mean that is the actual amount of money they lose?
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