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Friday, March 29, 2024
CEOWORLD magazine - Latest - Stats Gate - These 10 billionaires lost $185 billion since the start of the year

Stats Gate

These 10 billionaires lost $185 billion since the start of the year

Elon Musk

January 2022 was a painful month for billionaires – Elon Musk, the world’s wealthiest person, shed $39.3 billion from his fortune. Mark Zuckerberg dropped $35.9 billion, while Jeff Bezos’s wealth fell $28.4 billion. Changpeng Zhao, the chief executive officer of crypto exchange Binance, lost $24.6 billion, is now worth $71.3 billion.

Changpeng Zhao of Binance dropped $17.7 billion, while Mark Zuckerberg’s wealth fell $10.4 billion. Bernard Arnault, Europe’s richest person, saw his net worth drop by $10.5 billion. Of the world’s 10 wealthiest people, only one avoided losing money this week: Warren Buffett.

Microsoft’s co-founder Bill Gates and former chief executive Steve Ballmer have each seen their fortunes drop by more than $9 billion since the start of the year.

  1. Elon Musk
    Total net worth: $231 billion has lost $39.3 billion so far this year.
  2. Mark Zuckerberg
    Total net worth: $89.6 billion has lost $35.9 billion so far this year.
  3. Jeff Bezos
    Total net worth: $164 billion has lost $28.4 billion so far this year.
  4. Changpeng Zhao
    Total net worth: $71.3 billion has lost $24.6 billion so far this year.
  5. Steve Ballmer
    Total net worth: $108 billion has lost $11.5 billion so far this year.
  6. Bernard Arnault
    Total net worth: $167 billion has lost $10.5 billion so far this year.
  7. MacKenzie Scott
    Total net worth: $46.6 billion has lost $9.73 billion so far this year.
  8. Bill Gates
    Total net worth: $129 billion has lost $9.11 billion so far this year.
  9. Francoise Bettencourt Meyers
    Total net worth: $84.6 billion has lost $9.06 billion so far this year.
  10. Larry Ellison
    Total net worth: $100 billion has lost $6.95 billion so far this year.

While the billionaires may have suffered share-price losses this month, the fortunes of the 10 richest people – all men – have roughly doubled since the start of the pandemic.

World’s richest

  1. Elon Musk $231 billion
  2. Bernard Arnault $167 billion
  3. Jeff Bezos $164 billion
  4. Bill Gates $129 billion
  5. Larry Page $127 billion
  6. Sergey Brin $122 billion
  7. Warren Buffett $114 billion
  8. Steve Ballmer $108 billion
  9. Larry Ellison $100 billion
  10. Mark Zuckerberg $89.6 billion

Have you read?

Best CEOs In the World Of 2022.
Best Citizenship and Residency by Investment Programs.
These are the world’s most and least powerful passports, 2022.
The World’s Richest People (Top 100 Billionaires, 2022).
# Case Study: Warren BuffettLVMH’s Bernard ArnaultApple’s Tim Cook, and Elon Musk.


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CEOWORLD magazine - Latest - Stats Gate - These 10 billionaires lost $185 billion since the start of the year
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a publishing executive and economist who is the CEO and editor-in-chief of The CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Additionally, he serves as the chair of the advisory board for the CEOWORLD magazine. He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He earned his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.


Prof. Dr. Amarendra Bhushan Dhiraj is CEO and editor-in-chief of CEOWORLD magazine. You can follow him on LinkedIn, Facebook, Twitter.