Warren Buffett turned out to be the only billionaire in the top ten richest people who did not lose money, but on the contrary, gained from the market downturn.
Markets are experiencing the biggest drop since 2022. Since February 20, the S&P 500 has lost $4.5 trillion in market capitalization, while the US technology sector lost $1.9 trillion in one day following Donald Trump's comments about a possible recession. The cryptocurrency market has also fallen by $1.3 trillion over the past three months.
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