The World's Top 10 Richest People Lost Nearly $200billion This Year, And Musk's Worth Shrank By $59.5 Billion

With the recent sharp decline in the stock market, the 10 richest people in the world have lost US $192.9 billion so far this year, and the average wealth of each person has decreased by about US $19.3 billion. Tesla CEO Elon Musk suffered the most losses among the top ten billionaires. As of last Friday, Musk's net assets were $211billion, with a loss of $59.5 billion this year, but still ranked first in the rich list.

1. Jeff Bezos, founder of Amazon, has a net asset of US $146billion and a loss of US $46.1 billion this year.
2. Bernard Arnault, chairman of LVMH, has a net asset of 137billion US dollars and a loss of 41billion US dollars this year.
3. Bill Gates, the co-founder of Microsoft, has a net asset of $123billion and a loss of $14.9 billion this year.
4. Warren Buffett, chairman of Berkshire Hathaway, has a net asset of $113billion, and his wealth has increased by $3.7 billion this year.
5. Larry Page, co-founder of Google, has a net asset of US $104billion and a loss of US $24.5 billion this year.
6. Mukesh Ambani, chairman of reliance group of India, has a net asset of US $101billion, an increase of US $11.3 billion this year.
7. Sergey Brin, co-founder of Google, has a net asset of US $99.6 billion and a loss of US $23.9 billion this year.
8. Gautam Adani, founder of Adani group in India, has a net asset of US $95.8 billion, an increase of US $19.3 billion this year.
9. Steve Ballmer, former CEO of Microsoft, has a net asset of 95.4 billion US dollars and a loss of 10.3 billion US dollars this year.

The S & P 500 has fallen 14.1% so far this year. Since January 3, the market has been in the process of adjustment, and the duration has exceeded the historical average adjustment time.

So far this year, Tesla's share price has fallen by 41.4% and Amazon's share price has fallen by 28.2%, seriously affecting the wealth of the world's two richest people, who have lost a total of $105billion.

In 2022, only 3 of the top 10 billionaires achieved wealth growth, including Buffett and two Indian billionaires Ambani and Adani.

So far this year, only 5 of the 25 richest people in the world have achieved wealth growth. In addition to Buffett, Ambani and Adani, there are Mexican billionaires carlosslim (an increase of $4.2 billion) and Dell, ranked 12th and 21st respectively on the rich list.

In addition to the top ten richest people, Mark Zuckerberg, the founder and CEO of meta, lost the most wealth this year, with his worth reduced by $55billion, second only to musk.