Published 2 years ago

Bezos, Musk and other billionaires lose combined $1.4T in first half of 2022

Summary by Ground News

Billionaires — including Mark Zuckerberg, Jeff Bezos and Elon Musk — took a financial hit in the first half of 2022, losing a total of $1.4 trillion, Bloomberg reported. Zuckerberg, whose total net worth is about $60 billion, according to the Bloomberg Billionaire Index, had begun the year with more than $100 billion, the news outlet noted.

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Times of India

Richest billionaires lose $1.4 trillion in worst half ever

Its a sharp departure from the previous two years, when the fortunes of the ultra-rich swelled as governments and central banks unleashed unprecedented stimulus measures in the wake of the Covid-19 pandemic, juicing the value of everything from tech companies to cryptocurrencies.

2 years ago·India

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News18 India

Elon Musk, Jeff Bezos, Other Top Billionaires Lose $1.4 Trillion in 6 Months; Know Why

Elon Musk, Jeff Bezos, Other Top Billionaires Lose $1.4 Trillion in 6 Months; Know Why; In a sharp contrast with the last two years, billionaires including Elon Musk and Mark Zuckerberg saw steep losses in their wealth during the first half of 2022

2 years ago·India

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The Independent

World’s richest lost $1.4 trillion in the first half of 2022

Mark Zuckerberg lost more than half of his net worth since January

2 years ago·London, United Kingdom

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NDTV

Elon Musk, Jeff Bezos, Other Top Billionaires Lose $1.4 Trillion In Worst Half Ever

Elon Musk's fortune plunged almost $62 billion. Jeff Bezos saw his wealth tumble by about $63 billion. Mark Zuckerberg's net worth was slashed by more than half.

2 years ago·New Delhi, India

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Hindustan Times

Musk lost $62 bn, Bezos $63 bn. Richest lost $1.4 tn in 2022 so far: Report

All told, the world’s 500 richest people lost $1.4 trillion in the first half of 2022, a dizzying decline that marks the steepest six-month drop ever for the global billionaire class.

2 years ago·New Delhi, India

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