24 minutes agoThe world's largest followers lost $117 billion in one day
Periskopi(7 years ago)
(7 years ago)The world's 500 richest people lost $117 billion, or 2.1 percent of their wealth on Monday, when American stock exchanges marked this year's biggest decline. 21 members of the “Bloomberg” index lost $1 billion or more as investors reacted to rising tensions between [...]
21 members of the “Bloomberg” index lost $1 billion or more as investors reacted to increasing tensions between the United States and China.
“Amazon” founder Jeff Bezos was the most affected, with about 3.4 billion contractions, yet he continues to remain the richest man on the planet with $110 billion.
Other major losers were French tycoon Bernard Arnault, Facebook founder Mark Zuckerberg, Indian businessman Mukesh Amban and “Microsofft”, Bill Gates.
For the rich people of the globe, this was a dramatic turn - after recent steady profits. Despite Monday's losses, however, 500 individuals in Indec control nearly $5.4 trillion, according to Bloomberg, 11 percent more than on January 1.
