The fortunes of the world's richest people have undergone sharp changes as markets bleed and a panic wave led to massive sales to get rid of stocks and unsafe assets, led by shares of technology companies. The world's 10 richest men have lost more than $44.8 billion.
According to Forbes' rankings and its tool for measuring wealth "in real time," the wealth of Elon Musk, the owner of Tesla, SpaceX, X and others, decreased by about $4.9 billion, but he remained in first place globally in terms of total wealth, with a value of $222 billion. In second place was Amazon owner Jeff Bezos with a net worth of $180.7 billion, after losing $6.4 billion. In third place were Bernard Arnault and his family, owners of the LVMH brand, with a fortune of $173.8 billion, after losses of $1.6 billion. In fourth place came Mark Zuckerberg, owner of Meta. In fifth place came Larry Ellison, owner of Oracle, and then Larry Page of Google came in sixth. In seventh place came Warren Buffett, owner of Berkshire Hathaway. Then came Bill Gates, owner of Microsoft, in eighth place, and in ninth place was Sergey Brin, from Google. In tenth place came Steve Ballmer, from Microsoft.
Source (CNBC Arabia Website, Edited)
