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Global billionaires lose $1.4 trillion in worst half year ever

Shortpedia

Content Team
Image Credit: Liesa Johannssen-Koppitz/Bloomberg

The world's 500 richest people have lost a combined $1.4 trillion so far this year. This was the steepest six-month drop ever for the global billionaire group. As per Bloomberg Canadian business man Changpeng Zhao lost $79.8 billion on YTD (year to date) basis. However, Mark Zuckerberg lost $65.5 billion, Amazon's Jeff Bezos wealth plunged by $62.7 billion and Tesla founder Elon Musk's wealth shrunk $60 billion.