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The world's rich are losing 117 billion dollars in one day

2019-08-06T13:42:47.383Z



The richest of the world's richest 2.1% - or $ 117 billion - of their wealth, with the opening of world markets on Monday.

A renewed Bloomberg report said renewed trade tensions between Washington and Beijing had increased risk in global markets.

The world's wealthiest man, Jeff Bezos, lost $ 3.4 billion, but is still the richest in the world with a fortune estimated at about $ 20 billion. $ 110 billion.

Despite these losses, the net wealth of the world's 500 richest people - including the Bloomberg billionaire index - is still up about 11% since January 1, registering about $ 5.4 trillion, according to figures.

The Dow Jones Industrial Average, the top 30, fell more than 2 percent on Monday, losing 767.2 points to 25,717,000.

Globally, Bloomberg said in another report that a global trade war could cost the global economy about $ 1.2 trillion.

US President Donald Trump has announced the start of imposing a 10 percent surcharge on imported Chinese goods worth $ 300 billion as of early September, as China announced yesterday that it was suspending its purchases of US agricultural products and threatening to impose tariffs on US agricultural imports. Was bought after August 3, with the devaluation of the yuan against the dollar.

Investors from high-risk funds such as the US dollar and stock markets, especially those in the IT and industry sectors, have fled to safe havens, notably gold, which, despite falling today, continued to support trade tensions, hitting a six-year high of $ 1471 an ounce. (The ounce).

This is a list of the most prominent billionaires who have suffered losses:

- Jeff Bezos, founder of Amazon: $ 3.4 billion.

- Bernard Arnault, owner of LVMH Luxury Goods: $ 3.2 billion.

- Mark Zuckerberg, CEO of Facebook: $ 2.8 billion.

- Mukesh Ambani, Chairman of Rollins Industries: $ 2.4 billion.

- Bill Gates, founder of Microsoft: $ 2 billion.

Source: aljazeera

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