Trump’s tax move melted half a trillion dollars of the richest in the world – Cyprus Newspaper
US President Trump’s tax burden for 185 countries and the provisions of these countries fired the wick of global trade wars, as well as the world’s richest 500 people lost half a trillion dollars in a two -day decline.
The richest in the world is experiencing a loss of deying.
US President Donald Trump announced that at least 10 percent of all products imported to 185 countries on Wednesday night will be obtained at a maximum of 50 percent additional customs duty.
China, the country where the US is the most imported country among these countries, was the most impressed.
While the US imposes 34 percent customs duties to China, China announced that they will bring 34 percent additional customs duties to all products imported from the United States as retaliation for Trump’s taxes.
Stock Exchange in Loss
Investors entered the seller due to risks and the New York Stock Exchange lost the first deep loss after the coronavirus epidemic.
Elon Musk
Electric vehicle manufacturer Tesla, CEO Elon Musk’s role in politics, protests and slowing sales, while fighting, Wednesday has fallen by 37 percent since the closing.
Elon Musk lost 110 billion dollars even if he stayed at the summit
There are major changes in the list of the richest people in the world. According to the latest data, billions in the technology and retail sector have lost billions of dollars since the beginning of the year.
At the top of the list, Elon Musk with a reserve of $ 322 billion. However, Tesla and SpaceX CEO have lost 110 billion dollars this year and became the biggest decline.
Jeff Bezos
Jeff Bezos, who ranked second, suffered a $ 37.6 billion loss since the New Year, despite the 201 billion dollar deck.
Mark Zuckerberg
Mark Zuckerberg is followed by his $ 189 billion. Meta CEO lost $ 18.6 billion this year.
Warren Buffett
Contrary to the major losses, Warren Buffett has earned $ 23.4 billion since the beginning of the year and reached $ 165 billion.
Bernard Arnault
Bernard Arnault, the French businessman in the fifth of the list, has lost $ 13.4 billion since the beginning of the year, although the richest name in Europe with a 163 billion dollar reserve.
Technology billionaires in a big decline
The majority of the list are technology giants, and almost all of them suffered a serious loss of reserve:
Bill Gates: By earning $ 3.07 billion, it became one of the rare rise.
Larry Ellison: He lost $ 31.9 billion.
Larry Page & Sergey Brin: Google founders lost 29.9 and 27.9 billion dollars respectively.
Michael Dell: Dell’s founder lost a big blow by losing $ 31.5 billion.
In the retail sector Walmart Family (Jim Walton, Rob Walton and Alice Walton) suffered minor losses.
Spanish businessman Amancio Ortega Although it lost $ 1.46 billion, it is located in the 14th of the list.
Half trillion dollars of the rich melted
Under these circumstances, the world’s richest 500 people lost half trillion dollars in a two -day decline.
Ranking- Name- Total Net Value (Dollar)- Last Change (dollar)– YTD Change (dollar)-COUNTRY/REGION -SEKTOR
1- Elon Musk: 322 B- 11.0 B – 110 B -ABD- Technology Company
2- Jeff Bezos: 201 B -15.9 B -37.6 B -ABD- Technology Company
3 -Mark Zuckerberg: 189 B -17.9 B -18.6 B -ABD- Technology Company
4- Warren Buffett: 165 B -2.57b +23.4 B -Abd- diversified
5- Bernard Arnault: 163 B -6.22 B –13.4 B -Fransa- Consumer
6- Bill Gates: 162 B -291 m +3.07 B -ABD- Technology Company
7- Larry Ellison: 160 B -8.10 B – 31.9 B -ABD- Technology Company
8- Larry Page: 138 B- 4.79 B – 29.9 B -ABD- Technology Company
9- Steve Ballmer: 131 B -2.85 B -15.2 B -ABD- Technology Company
10- Sergey Brin: 130 B -4.46 B– 27.9 B -ABD- Technology Company
11- Jim Walton: 109 B -2.29 B -3.25 B -Abd- retail company
12 -Rob Walton: 107 B -2.21 B-3.08 B -Abd- retail company
13- Alice Walton: 106 B -2.18 B -3.05 B -Abd- retail company
14- Amancio Ortega: 99.9 B -645 m -1.46 B -Sepania- Retail Company
15 -Michael Dell: 92.1 B -9.53 B – 31.5 B -ABD- Technology Company