$63 billion loss in a day face by the world's 500 richest people
Image Credit: Twitter/@WarrenBuffett
As per the Bloomberg Billionaires Index, the combined net worth of the world’s 500 richest people has sunk on Thursday. The group lost 1.2% of its combined net worth after the luxury stocks fell suddenly and US equities slipped, as per reports. Europe’s richest man, Bernard Arnault faces a loss of $3.5 bn in his fortune, more than anyone on the list. But only Warren Buffet's fortune rose from $1.9 bn to $90 bn.