The ten richest people in the world, including Tesla CEO Elon Musk and Amazon CEO Jeff Bezos, lost a total of $ 250 billion in the first six months of 2022. Bezos and Musk together saw their fortunes plummet by 120 billion. billions of dollars from January to June. According to the Bloomberg Billionaires Index, almost every name in the top 10 has suffered in what has been the worst period for the stock market since the 1970s. Bill Gates is also on the list, and the total loss can be quantified as 1.2% of the US economy. Tesla’s shares were down 43% in 2022, while Amazon’s shares are down 35%. Only the two Indians on the list, Gautam Adani and Mukesh Ambani, saw their net increase, respectively to 22.1 billion the first and 3.05 the second. Adani is the owner of India’s largest coal mine, which has benefited enormously from Russia’s invasion of Ukraine, as well as the Ambani refinery complex.
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