Thursday, August 11, 2022

Billionaires: $14 trillion loss to the world’s 500 top rich, Elon Musk…

Billionaires: Now Corona is bidding farewell to the country and the world, or you can say that the condition is improving after Corona. On the other hand, the recession after the departure of Corona has caused huge damage to the property of the world’s top rich. In this, losses are being seen everywhere from tech companies to cryptocurrencies. Bloomberg Billionaires Index According to the latest data of Bloomberg Billionaires Index, in the first half of the year 2022 (JAN to JUNE), the world’s top 500 rich have suffered a loss of $ 14 trillion. This is the biggest half-year decline ever.

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Allen loses $62 billion
According to the Bloomberg Billionaires List, the world’s richest Elon Musk’s wealth has decreased by about $62 billion, while Jeff Bezos’s wealth has decreased by about 63 billion. The dollar has declined. Mark Zuckerberg’s net worth has seen a drop of more than half.

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Here are the bumps 
Let us tell you that Tesla co-founder Elon Musk has the highest net worth of $ 208.5 billion even after the decline. After this, Amazon owner Jeff Bezos is in second place with a net worth of $ 129.6 billion. France’s richest man Bernard Arnault is at the third place with a net worth of $128.7 billion, followed by Bill Gates with a net worth of $114.8 billion.

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Big loss to shares
Policy makers increased interest rates to deal with increased inflation, due to which the stocks have suffered big losses. Tesla INC’s first 6 months were the worst. 

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