Top Billionaires Who Lost $1.4 Trillion In 2022

Finasko

Microsoft

Lost -$14.6B

Wealth $91.1B

#10 Steve Ballmer

Reliance Industries

Add +$3.05B

Wealth $93B

#09 Mukesh Ambani

Berkshire Hathaway

Lost -$14.1B

Wealth $94.3B

#08 Warren Buffett

Google

Lost -$28.3B

Wealth $95.3B

#07 Sergey Brin

Adani Group

Wealth $98.6B

#06 Gautam Adani

Add +$22.1B

Google

Lost -$29B

Wealth $99.4B

#05 Larry Page

Microsoft

Lost -$23.4B

Wealth $115B

#04 Bill Gates

LVMH

Lost -$49.3B

Wealth $129B

#03 Bernard Arnault

Amazon

Lost -$62.7B

Wealth $130B

#02 Jeff Bezos

Tesla

Lost -$61.8B

Wealth $208B

#01 Elon Musk

The first half is not good for the stock market. According to the current data, the S&P 500 index reports a more than 17% fall in the last 6 months.

First Half of 2022

$100B Club Has Only 5 Man

Before 2022 there are 10+ riches persons who have more than $100B in wealth but for now, there are only 5 members left in this club.

During high inflation, people borrow less and spend less which affects the demand, companies' earnings decrease, and stock prices drop.

Why Billionaires Lost Money

How Fed Rate Affects Your Pocket

Top Highest Paid CEOs

How to Protect Yourself From Inflation

Checkout More Stories: