According to Odaily, U.S. President Donald Trump's announcement of a new tariff plan on April 2nd triggered a significant financial downturn for the world's wealthiest. In just two trading days, the combined wealth of the top 500 global billionaires plummeted by over $500 billion. The Bloomberg Billionaires Index reveals that despite a staggering $134.7 billion loss in wealth this year, Elon Musk still holds the title of the world's richest individual. As of Monday, Eastern Time (April 7th, 2025, considering the two trading days following April 2nd), Musk's net worth decreased to $297.8 billion, falling below the $300 billion mark for the first time since November 2024.
