Reported 2 days ago
The wealth of the world's 500 richest individuals fell by $208 billion in a single day following the broad tariffs announced by President Donald Trump, marking one of the largest declines in the Bloomberg Billionaires Index's history. Notable losses were seen by prominent figures such as Mark Zuckerberg, Jeff Bezos, and Elon Musk, with U.S. billionaires being particularly affected. In contrast, Carlos Slim of Mexico benefitted from being excluded from the tariffs, and the Middle East experienced slight gains amid the turmoil.
Source: YAHOO