The wealthiest 500 people on Earth lost 2.1% of their collective net worth on Monday 5th July 2019 as U.S. stocks plunged in their biggest drop this year.
Twenty-one members of the Bloomberg Billionaires Index lost $1 billion or more as investors reacted to stepped-up tensions between the U.S. and China. Amazon.com Inc. founder Jeff Bezos declined the most, shedding $3.4 billion as shares of the online retailer tumbled. But he’s still the richest person on the planet with $110 billion.
Even after today’s losses, the 500 individuals on the index control almost $5.4 trillion, an 11% increase from Jan. 1 2019. Source: Bloomberg.
-
- Active Topics
-
-
- by Eli 1 day ago All in One: YouTube, TED, X, Facebook and Instagram Reels, Videos, Images and Text Posts View the latest post Replies 324 Views 29301
- by Eli 1 day ago Re: What is in Your Mind? View the latest post Replies 700 Views 294879
- by Eli 3 days ago Russia Invades Ukraine View the latest post Replies 661 Views 230401
- by Eli 5 days ago President Museveni's Speech During International Development Association (IDA) Summit View the latest post Replies 1 Views 223
- by Eli 5 days ago From Simple Linear Regression Analysis to Covariance & Correlation to Independent Determinant, and R-Squared View the latest post Replies 11 Views 24515
- by Eli 1 week ago Collection of Greatest Christian Hymns of all Times View the latest post Replies 34 Views 62825
- by Eli 1 week ago Pondering Big Cosmology Questions Through Lectures and Dialogues View the latest post Replies 34 Views 57796
- by Eli 1 week ago Programmatically Manipulate Files: Renaming, Reading, Writing, Deleting, and Moving Files Between Folders View the latest post Replies 7 Views 11686
- by Eli 2 weeks ago Iran Launches Retaliatory Attack Against Israel, and Israel Retaliates by Attacking Iranian Isfahan Millitary Base View the latest post Replies 28 Views 11505
- by Eli 2 weeks ago Python Packages for Scientific Computing View the latest post Replies 8 Views 17908
-
World's Richest Lose $117 Billion in One Day
-
- Information
-
Who is online
Users browsing this forum: No registered users and 0 guests