82 billion dollars, the losses of the world’s wealthy in 10 days

The 10 richest people in the world lost more than 82 billion dollars of their wealth within 10 days, as no one escaped the recent wave of declines that hit the stock markets against the background of the Federal Reserve meeting minutes, with more interest rate increases, and a downgrade in the credit rating of the United States by the agency. “Fitch”.

The decline hit the indicators hard, as Tesla CEO Elon Musk alone lost $ 24 billion in wealth during recent sessions.

And according to the amount of wealth comes the losses, as his colleague on the French list, Bernard Arnault, had the second largest loss on the list by $14 billion, while the CEO of “Facebook” was the third in terms of the value of losses, which amounted to $11 billion. This is due to the significant rise in Meta Platforms shares since the beginning of the year, as many believe that the Fed’s decision stimulated the correction process after a long series of rises.

billionaires

billionaires

Amazon co-founder Jeff Bezos also suffered losses, losing $7 billion in the last ten sessions. While 4 billionaires lost $ 4 billion each and they are; Warren Buffett, Larry Page, Steve Ballmer, and Sergey Brin.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top