loader

Breaking News

Foto

World's 500 richest people lose consolidated 107 bn USD this week

Washington D.C: The world's 500 richest people have lost a consolidated 107 billion USD, more than the entire market capitalisation of Goldman Sachs Inc. or Lockheed Martin Corp.

The biggest fall was of Facebook CEO Mark Zuckerberg who lost 3.2 billion USD as large-cap stocks failed for a fourth straight day, as Bloomberg Billionaires Index.

After the loss of Zuckerberg Spain's Amancio Ortega and Mexico's Carlos Slim followed, who were both down 2.4 billion USD as of 1 pm in New York.

Since markets started on Monday, the luck of Alphabet Inc.'s Larry Page and Sergey Brin each decreased more than 2 billion USD.

Chinese magnates saw 16 billion USD erased.

The Dow Jones Industrial Average has slid about 3.5 percent this week after US President Donald Trump beckoned a trade war. 

Share This