Great loss for the world billionaires
The richest 500 people lost $ 208 billion in their wealth on Thursday after the new taxes Customs announced by President Donald Trump led to severe turbulence on world financial markets, according to a Bloomberg report
It is the fourth greatest decrease in a single day in the 13-year history of the billionaire index made by Bloomberg, and the largest from the peak period of the pandemic.
More than half of those included in the billionaire index faced a decrease in their assets, registering an average decline of 3.3%. Among the most affected were the US billionaires, led by Mark Zuckerberg from Meta Platforms Inc and Jeff Bezos from Amazon.com Inc.
Carlos Slim, the richest man in Mexico, is part of the reduced group of the outside billionaires that is not significantly affected by the American customs taxes. The Mexico Stock Exchange climbed by 0.5% after the country was excluded from the list of mutual customs taxes published by the White House, so that Slim’s net wealth increased by about 4%, to $ 85.5 billion.
Among those who faced significant decreases in the wealth are Mark Zuckerberg, the one who set up the Social Media Meta. In dollars, Zuckerberg registered the highest losses, after Thursday, Meta shared by 9%, which cost $ 17.9 billion in her wealth. Since the middle of February, Meta’s titles have decreased by about 28%.
Following Jeff Bezos. On Thursday, Amazon shares decreased by 9%, the most significant decline in April 2022, so Bezos’s personal wealth reduced by $ 15.9 billion. After the peak of February, the Amazon titles are now registering a recoil of over 25%.
The chief of Tesla, Elon Musk, has lost $ 110 billion so far, including $ 11 billion on Thursday, due to decreased deliveries of electric vehicles worldwide and his controversial role in the US administration.
The wealth of Ernest Garcia III, the general manager of Carvana, reduced by $ 1.4 billion, after the shares of the company selling cars in the second hand decreased by 20%. After the peak of February, the titles are now registering a 36%decline.
Tobi Lutke, the co -founder and general manager of the Canadian Electronic Trade Company Shopify lost $ 1.5 billion, after Shopify shares decreased by 20% on the Toronto Stock Exchange.
In the context of customs duties of 20% imposed on the European Union, which would lead to the reduction of the demand for luxury products and alcoholic beverages, Bernard Arnault has lost six billion dollars, after his company LVMH, a conglomerate that owns brands like Christian Dior, Bulgari and Loro Piana, registered a 6% decline in Paris.
