In biggest half-year loss on record, the world's rich lose $1.4 trillion of their wealth
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Billionaires' fortunes suffer from unprecedented instability According to the Bloomberg Billionaires Index, at the time of writing today, French billionaire Bernard Arnault, founder, chairman and CEO of the Louis Vuitton group, continues to occupy the throne. of the richest man in the world, widening the gap with Elon Musk. And
although the Louis Vuitton founder's wealth has shrunk to $159 billion from $163 billion, Musk's wealth has fallen significantly, to $139 billion from $156 billion last week. And Indian billionaire Gautam Adani retained third place, and American Bill Gates remained in fourth place and Jeff Bezos in fifth place for the third consecutive week.
The Bloomberg Billionaires Index also showed that the losses of the five richest people accounted for 52% of their total recorded wealth at the start of this year, as they lost about $450 billion of their wealth before the end of 2022.. Elon Musk arrives at the top of the list of billionaires. who lost the most, having lost almost 50.3%, with a loss of around $142 billion of his wealth. And Amazon (NASDAQ) founder Jeff Bezos has lost $95 billion since the start of the year, sending his wealth plummeting to $107 billion, to take fifth place in the list of the most rich.
And Chang Bing Zhao, founder and CEO of Binance, the world's largest cryptocurrency exchange, ranked third among losers, having lost around $83.2 billion of his wealth over the year. , falling to 138th in the world in an estimated wealth list of $12.7 billion. . And Meta "Facebook (NASDAQ) formerly" CEO Mark Zuckerberg ranked fourth among the biggest losses, amounting to $80.7 billion, as he lost more than 64% of his wealth. It should be noted that Zuckerberg ranked 25th in the list of the richest people in the world, with a fortune of 44.8 billion dollars. Larry Page, the founder of the famous search site "Google (NASDAQ)", lost around 48.4 billion dollars, increasing his fortune to 82.6 billion dollars, making him the tenth richest person in the world.