Elon Musk and Jeff Bezos have lost more than $ 40 billion together this year.
The 50 richest people in the world They have collectively lost nearly $ 563 billion so far this year. by falling markets, according to the latest figures compiled by the Bloomberg Billionaires Index as of May 22. Is almost 20% more than all formed by Argentina last year (US $ 479 billion).
The 50 richest include Tesla CEO Elon Musk; Amazon founder Jeff Bezos; Microsoft co-founder Bill Gates; and French luxury goods tycoon Bernard Arnault.
Musk, the richest man in the world, who stopped his $ 44 billion acquisition of Twitter, had a red US $ 66,500 million, most anyone on the list. He already has a net worth of $ 204 billion, based on data as of May 23..
Bezos, the second richest man in the world, resigned as CEO of Amazon last year to focus on his space travel company Blue Origin. He saw his net worth fall by $ 61.1 billion. He already has wealth worth $ 131 billion.
CEO of LVMH Bernard Arnault. Photo by AP
The net worth of Arnault is $ 126 billion. The French billionaire, the third richest man in the world since his role as chief executive of LVMH Moët Hennessy Louis Vuitton, has poured $ 51.8 billion of his wealth this year.
The fortune of Gates, the software pioneer who left Microsoft to become a full-time philanthropist, is worth $ 116 billion.
Since the beginning of 2022, its net worth has shrunk by $ 21.7 billion.
Billionaire investor Warren Buffett at a national conference a few years ago. Photo: AP
Meanwhile, Warren Buffett, the CEO of Berkshire Hathaway, who recently spoke about his hatred of cryptocurrencies, was one of the few billionaires who saw his wealth increase net this year. Buffett’s wealth is worth $ 112 billion, approximately $ 3.29 billion more than at the start of 2022.
Mark Zuckerberg, the founder of Facebook, has seen his wealth shrink by $ 53.1 billion and is now worth an estimated $ 72.4 billion.
Mark Zuckerberg Photo AFP
Another tech tycoon, Google co-founder Larry Page, saw his net worth fall by $ 27 billion to $ 101 billion. The wealth of Google co-founder Sergey Brin sank to $ 26.3 billion to drop him to ninth place on the list to $ 97.2 billion.
Former Microsoft CEO Steve Ballmer jumped into the top 10 richest in the world despite losing $ 13.4bn and seeing his wealth shrink to $ 92.3bn, after Oracle boss Larry Ellison’s assets fell to $ 86.7 billion after losing $ 20.4 billion.
Hedge fund king Ken Griffin was also able to make money amid the turmoil in the stock market. The Citadel Capital CEO saw his net worth rise from $ 8.29 billion to $ 29.6 billion, placing him at number 40 on the list.
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Source: Clarin