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Friday, November 22, 2024

CEO Insider

Banking and FinanceCEO Insider

Billionaires Lose $201.9 Billion in a Single Day Amid Global Market Selloff – Jeff Bezos Suffered the Most

Monday proved to be a harsh day for billionaires worldwide, as a massive market selloff wiped out a staggering $201.9 billion from the collective net worths of the world’s 2,713 billionaires in less than 24 hours. The turmoil began in Asia, where Japan's Nikkei index plummeted by 12%—its worst trading...
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