Global billionaires lose $1.4 trillions in first half of 2022, check top 10 losers
- Most of the billionaires who lost their wealth in billion dollars belong to the technology sector, followed by consumer and then others. Check the top 10 list here.
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With the 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, the wealth of top billionaires dropped by over $60 billion in past 6 months, reported Bloomberg Billionaires Index on 1 July.
Looking at the data, compiled by Bloomberg, people may think Tesla founder Elon Musk has lost the highest portion of his fortune. However, Canadian business man Changpeng Zhao lost $79.8 billion on YTD (year to date) basis.
Following him, Meta's Mark Zuckerberg lost $65.5 billion, Amazon's Jeff Bezos wealth plunged by $62.7 billion and Tesla founder Elon Musk's wealth shrunk $60 billion, says the index.
Shockingly most of the billionaires who lost their wealth in billion dollars belong to the technology sector, followed by consumer and then others.
Name | Total Net Worth (In US$) | Last Change (In US$) | Year to Date (YTD) change (In US$) | Country |
Changpeng Zhao | 16 Billion | -956 Million | -79.8 Billion | Canada |
Mark Zuckerberg | 60 Billion | -943 Million | -65.5 Billion | USA |
Jeff Bezos | 130 Billion | -2.7 Billion | -62.7 Billion | USA |
Elon Musk | 208 Billion | -2.8 Billion | -61.8 Billion | USA |
Bernard Arnault | 129 Billion | -571 Million | -49.3 Billion | France |
MacKenzie Scott | 25.5 Billion | -794 Million | -30.8 Billion | USA |
Larry Page | 99.4 Billion | -2.19 Billion | -29 Billion | USA |
Sergey Brin | 95.3 Billion | -2.11 Billion | -28.3 Billion | USA |
Francoise Bettencourt Meyers | 69.2 Billion | +6.8 Million | -24.4 Billion | France |
Bill Gates | 115 Billion | -540 Million | -23.3 Billion | USA |
Meanwhile, there were others whose wealth jumped in millions and billions. Topping the list is India's industrialist Gautam Adani whose wealth increased by $22.1 billion. Following him, Switzerland's Guillame Pausaz added $11.7 billion in his name.
Name | Total Net Worth (In US$) | Last Change (In US$) | Year to Date (YTD) Change | Country |
Gautam Adani | 98.6 Billion | +1.14 Billion | +22.1 Billion | India |
Guillaume Pausaz | 19.1 Billion | 0 | +11.7 Billion | Switzerland |
Alain Wertheimer | 44.4 Billion | -638 Million | +11.5 Billion | France |
Ken Griffin | 44.4 Billion | -638 Million | +11.5 Billion | France |
Gianluigi Aponte | 28.9 Billion | -42.4 Million | +7.63 Billion | Switzerland |
Charles Koch | 17.2 Billion | -126 Million | +6.86 Billion | USA |
Julia Flesher Koch and family | 68.0 Billion | -576 Million | +6.76 Billion | USA |
Harold Hamm | 20 Billion | -294 Million | +6.28 Billion | USA |
Vyacheslav Kantor | 15.2 Billion | -957 Million | +6.2 Billion | Russian Federation |
Giovanni Ferrero and family | 40.5 Billion | -247 Million | +4.64 Billion | Italy |