World’s richest see $208bn wealth plunge after Trump’s tariffs

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According to Bloomberg reports, the extensive prices announced by US President Donald Trump have mobilized $ 208 billion for the world’s richest people last Thursday.

The 13 -year -old history of the Bloomberg billionaire index is the fourth largest one -day decline, and the largest since the height of the Covade 19 pandemic.

In a report titled Jointly Losing billionaires in a day from the Trump tariff last week, Bloomberg added that more than half of the traitors through Bloomberg’s Wealth Index reduced their luck, decreasing an average of 3.3 percent.

Mark Zuckerberg of Meta Platforms Ink and Amazon.com Ink’s Jeff Bezos guided the route, the billionaires were the most affected in the United States.

Mexico’s richest Carlos Saleem was one of a small group of billionaires outside the United States that survived the effects of taxes.

Mexico’s Bolsa increased the country by 0.5 % after removing the country from the White House’s mutual rates targets, making Salem’s net worth about 4 % to $ 85.5 billion.

The Middle East was the only region where people in the Bloomberg’s Wealth Index gained pure benefits for the day.

According to the report, here are the biggest losses of the day:

Mark Zuckerberg

The founder of Meta was the largest loser in the dollar terms, with a 9 % of the social media company’s slide, its chief executive officer would cost $ 17.9 billion, or about 9 % of his wealth.

From the mid -February of the Meta -February, there was a standout winner in the magnificent seven index of the Migakap Tech stock, which increased the profits of about a month by more than $ 350 billion by about a month.

Since mid -February, the shares have declined by about 28 %.

Jeff Bezos

Amazon’s shares fell 9 % on Thursday, the biggest decline since April 2022, with the founder of the Tech Dev’s founder costing $ 15.9 billion. The company’s stock is less than 25 % less than February.

Elon Musk

Tesla’s CEO has lost $ 110 billion so far this year-which includes $ 11 billion on Thursday-because Trump’s performance as a decline in supply and his controversial role has hammer the electric vehicle manufacturer’s stock.

Earlier this week, matters were looking: Since Tesla manufactures many of its cars in the United States, the revenue can have less impact on the company than its foreign peers.

Its stock also staged a rally on the reports that Musk would soon withdraw from its official work to focus on Tesla soon. However, after the announcement of prices, shares declined by 5.5 percent on Thursday.

Ernest Garcia III

Carvana’s CEO’s wealth reduced $ 1.4 billion after losing 20 % of the used car seller’s shares.

By February 14, the company’s stock increased by more than 425 % in 12 months, but since then it has decreased by 36 %.

Looted Toby

Shapif, co -founder and CEO of Canada’s e -commerce company, lost $ 1.5 billion, or 17 percent of his luck.

Shapies shares, which generate most of its income from the sale of imported goods, declined by 20 % in Toronto as the S&P/TSX composite index faced the worst day since March 2020.

Bernard Arnolt

The European Union is looking for a new 20 % flat tariff on all products binding to the United States, which is expected to damage the exports of alcohol and luxury equipment, among other things.

Arnolt’s LVMH, a collective party, who owns brands, including Christian Dyer, Bulgari and Loro Pina, saw his shares falling in Paris, which wiped out $ 6 billion from the pure value of Europe’s richest man.

Zhang Kongian

The founder of the Chinese shoe maker Holi Industrial Group Company lost $ 1.2 billion or 13 % of its fortunes, as Trump’s additional 34 % tariff on China fell into the company’s stock.

Shoes manufacturers based in the United States and Europe also felt hurt: Nike Inc., Lolimon Athletica Inc. and Adidas AG, all of which have major manufacturing facilities in Southeast Asia, each falling from dual digits.