After counting down tariff news, Trump friend Elon Musk was the biggest loser, with the richest 500 losing $20.8 billion. Who lost the biggest?
Donald Trump’s aide and governor leader Elon Musk was third on the list of billionaires who lost their wealth after the president’s tariff announcement, while Meta CEO Mark Zuckerberg led the march.
Trump’s tariffs swept across countries and caused shock waves in global markets after the announcement on April 2, in order to pay for the world’s wealthiest billionaires.
The bloody mud in the U.S. market has been the worst in the U.S. market since the League’s pandemic on the 19th, erasing hundreds of billions of dollars in the world’s wealthiest people, rather than Trump’s aides like Elon Musk.
Mark Zuckerberg, Jeff Bezos, Elon Musk lost
As of April 4, U.S. billionaires were the biggest hit in the Bloomberg Billionaire Index before U.S. stocks opened.
Yuan founder Mark Zuckerberg is the biggest loser in the sense of the dollar, with the 9% slides of the social media company losing its CEO $17.9 billion, or 9% of his wealth.
Jeff Bezos is the second-biggest loser on the list, losing $15.9 billion in wealth after Amazon’s stock price fell 9% on Thursday, marking their biggest drop since 2022.
Tesla CEO and Governor General Elon Musk lost $11 billion on Thursday as shares of his auto company fell 5.5% after Trump’s tariff announcement.
Trump tariffs: Top 10 billionaires who have lost their biggest fortune
According to the Bloomberg Tilliones Index, it is a list of the top 10 billionaires that became the biggest loser after Trump’s tariff announcement.
Billionaire loses $20.8 billion a day
According to Bloomberg, the wealth of the world’s 500 wealthiest people totaled $20.8 billion on Thursday, as tariffs announced by President Donald Trump shocked the global market.
The decline was the fourth largest decline in the 13-year history of the Bloomberg Billionaire Index and the largest 19-year pandemic in 19 years.
American billionaires have lost their biggest wealth, with nine of the top ten losers coming from the United States. More than half of the people tracked by Bloomberg’s Wealth Index have fallen, down an average of 3.3%.
