These 10 billionaires lost $185 billion since the start of the year
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.
- Elon Musk
Total net worth: $231 billion has lost $39.3 billion so far this year. - Mark Zuckerberg
Total net worth: $89.6 billion has lost $35.9 billion so far this year. - Jeff Bezos
Total net worth: $164 billion has lost $28.4 billion so far this year. - Changpeng Zhao
Total net worth: $71.3 billion has lost $24.6 billion so far this year. - Steve Ballmer
Total net worth: $108 billion has lost $11.5 billion so far this year. - Bernard Arnault
Total net worth: $167 billion has lost $10.5 billion so far this year. - MacKenzie Scott
Total net worth: $46.6 billion has lost $9.73 billion so far this year. - Bill Gates
Total net worth: $129 billion has lost $9.11 billion so far this year. - Francoise Bettencourt Meyers
Total net worth: $84.6 billion has lost $9.06 billion so far this year. - 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
- Elon Musk $231 billion
- Bernard Arnault $167 billion
- Jeff Bezos $164 billion
- Bill Gates $129 billion
- Larry Page $127 billion
- Sergey Brin $122 billion
- Warren Buffett $114 billion
- Steve Ballmer $108 billion
- Larry Ellison $100 billion
- Mark Zuckerberg $89.6 billion
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