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The world’s top 9 richest people have lost $400 billion

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Global College
Nepal Life New

Kathmandu. With the election of US President Donald Trump and his tariff announcement, stock markets around the world have recently fallen significantly. Due to this, the total wealth of the world’s top 9 richest people has decreased by about $ 400 billion this year.

The biggest blow has been felt by Elon Musk, the world’s richest person. According to the Bloomberg Billionaires Index, his total wealth has decreased by $ 135 billion this year. His total wealth now reaches $ 298 billion. On Monday, shares of his company Tesla fell, which caused Musk’s total wealth to decrease by $ 4.39 billion.

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Musk runs many companies besides Tesla, such as X and SpaceX. X was formerly known as Twitter.

The net worth of Amazon founders Jeff Bezos, Larry Ellison and Michael Dell has fallen by between $35 and $45 billion this year. Similarly, the combined net worth of Facebook parent company Meta’s Mark Zuckerberg, Microsoft’s Steve Ballmer, Larry Page and Sergey Brin has fallen by more than $110 billion. Bill Gates’ net worth has also fallen by more than $9 billion. Nvidia founder Jensen Huang has lost $28.5 billion.

The only billionaire in the top 10 earners this year is Warren Buffett, whose net worth has increased by $11.5 billion.

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