The losses of the world’s 500 richest people already total $1.4 trillion in 2022 alone, Bloomberg reported today based on its ranking of billionaires.
Just yesterday, the loss of equity of names like Elon Musk, owner of Tesla and SpaceX, Jeff Bezos, founder of Amazon, and
Mark Zuckerberg, owner of Meta, hit $206 million.
According to the ranking, Binance CEO Changpeng Zhao lost the greatest amount of wealth: the year represented an $85.6 billion drop in Chinese wealth due to losses in the cryptocurrency market.
Bloomberg attributes the volatility of billionaires’ wealth to the global financial situation, which sees record inflation rates in Europe and the United States.
The sharp drop is also due to the rapid accumulation of wealth for billionaires during the pandemic.
A report by the organization Oxfam showed that a new billionaire has emerged almost every day since March 2020, when Covid-19 began to spread globally.
The fortunes of the world’s 10 richest men — including Musk, Bezos and Microsoft founder Bill Gates — have more than doubled to $1.5 trillion, making them six times richer than the 3.1 billion richest people in the world. poor in the world, the organization points out.
Meanwhile, an additional 160 million people have been pushed into poverty during the pandemic, the institution said, citing figures from Forbes’ 2021 Billionaires List, Credit Suisse’s Global Wealth Databook and the World Bank.
*With information from the State Agency