Coronavirus effect: $408 billion wiped out from the wealth of world's top 100 billionaires in just 2 months

The Covid-19 outbreak has led to an unprecedented loss to the global wealth with the top 100 billionaires losing $408 billion or 13% of the total wealth in two months. The gdp growth rate of most of the countries has been severely hit by the outbreak. According to a special report by the China-based Hurun Report, Stock markets across the world have dropped significantly in the past two months, with the Dow Jones down 21%.