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Wednesday, March 18, 2020

How Coronavirus impacted the wealth of rich people around the world

ET Online|

Coronavirus is taking away the wealth of the wealthy
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Coronavirus is taking away the wealth of the wealthy

The richest people in the world lost over 200 billion USD due to the coronavirus outbreak - which has affected stock exchanges across the world - with India's own index losing over Rs 7 lakh crore.
Jeff Bezos
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Jeff Bezos

The Amazon founder, who is currently the richest man in the world, lost close to 5 billion USD, by no means a dent on his 121 billion USD fortune.
Agencies

Bill Gates
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Bill Gates

Gates, who recently stepped away from Microsoft to focus on his humanitarian projects, lost a more modest 2 billion USD from his 114 billion USD fortune.
Reuters
Mukesh Ambani
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Mukesh Ambani

India's only name on the top 15 richest people in the world, Ambani lost 900 million USD taking his net worth down to $ 54 billion.
Agencies

Mark Zuckerberg
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Mark Zuckerberg

The social networking mogul lost a little over 3 billion USD as Facebook stocks took a four per cent hit as US markets felt the pressure.
Agencies
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Bernard Arnault

The owner of Luis Vitton - a brand that accounts for 40 per cent of all luxury sales, globally - took a 5 billion USD hit in large part due to China being a major market for the fashion house.
Reuters
Amancio Ortega
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Amancio Ortega

The Spaniard owner of Zara lost 4 billion USD due to the viral outbreak.

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