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Bloomberg: the richest people in the world lost $139 billion per day

Dr. Rockson by Dr. Rockson
February 25, 2020
in Business and commerce
2 min read
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Bloomberg: the richest people in the world lost $139 billion per day
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Amazon CEO Jeff Bezos Still the World's Richest Man

NEW YORK, February 25. / TASS /. The total wealth of the 500 richest people in the world fell by about $ 139 billion on Monday due to a significant decline in stock trading indices in the US and other countries. Such estimates were published by Bloomberg .

As it notes, these are the largest losses for persons included in this rating since the moment when the agency began to conduct such observations in October 2016. Bernard Arnault, CEO of the French group of companies LVMH (Louis Vuitton Moet Hennessy), and Amazon CEO Jeff Bezos lost $ 4.8 billion each, more than any of the other businessmen on the list. Bezos is still the richest man in the world, and Arno is third in this indicator. The fortune of the owner of the Spanish retail chain Zara, Amancio Ortega, decreased by $ 4 billion, the head of Facebook Mark Zuckerberg – by $ 3.48 billion, and one of the founders of Google Larry Page – by $ 2.7 billion.

According to agency estimates, the president of Lukoil, Vagit Alekperov, has lost the most among the Russian billionaires over the past 24 hours. His fortune decreased by $ 1.21 billion. In second place is the head of Novatek Leonid Mikhelson ($ 692 million), in third place is Vice President of Lukoil Leonid Fedun ($ 508 million).

Stock trading in the US on Monday ended with a decline in quotes in the light of concerns that the spread of a new coronavirus could harm the global economy. The American industrial Dow Jones index fell 1031.61 points (3.56%) and settled at around 27,960.80 points. The S&P 500 Index, which includes the 500 largest companies in the US market, fell 111.86 points (3.35%) to 3225.89 points. The Nasdaq electronic stock exchange index fell by 355.31 points (3.71%), to 9221.28 points.

The outbreak of the disease caused by the new coronavirus (2019-nCoV) was recorded at the end of December 2019 in the most populous city in Central China – the 12 millionth Wuhan. The World Health Organization recognized it as an emergency of international proportions, describing it as an epidemic with many foci. Outside of the PRC, infections were detected in 32 countries, including Russia. The Chinese authorities recorded 2,663 deaths in the country, more than 27.2 thousand people recovered, the number of people infected during the entire spread of the virus exceeded 77.6 thousand.

Dr. Rockson

Dr. Rockson

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