Global Billionaires Face Historic Losses Amid Market Turmoil

AI Summary

According to BlockBeats, the aftermath of U.S. President Donald Trump's tariff announcement continues to disrupt global markets, leading to unprecedented financial losses among the world's wealthiest individuals. The Bloomberg Billionaires Index reported that the top 500 richest people globally experienced a record two-day loss totaling nearly $500 billion.

Mark Zuckerberg was notably affected, with his social media company's stock plummeting by 10%, resulting in a personal loss of $17.9 billion. Amazon founder Jeff Bezos also faced significant financial setbacks, with his net worth decreasing by $15.9 billion.