Bill Gates, the world’s
richest man, and Mark Zuckerberg, co-founder of Facebook have lost 3.4 billion
dollars to the decision of the UK voters to leave the European Union.
Bill Gates |
According to Bloomberg
Billionaires ranking, both men were the worst-hit billionaires in the U.S.,
losing 1.8 billion dollars and 1.6 billion dollars respectively.
In context, the amount
lost by Gates is more than the entire wealth of Nigeria’s richest woman,
Folorunsho Alakija, who – according to Forbes – is worth 1.73 billion dollars.
Global markets erased
another 69.2 billion dollars from the combined net worth of the world’s 400
richest people on the first trading day of the week after the Brexit vote,
bringing total loss to 196.2 billion dollars in 48 hours.
The pain on Monday was
felt most by Europe’s wealthiest, as 92 billionaires lost 29.4 billion dollars,
bringing their two-day decline to 81.7 billion dollars.
These 150 billionaires
from the U.S. and Canada lost 26.7 billion dollars on Monday, and recorded a
two-day total of 62.5 billion dollars.
China’s 26 billionaires
lost one billion dollars on Monday, bringing their two-day total loss to $5
billion, with a 7.4 per cent (18.7 billion dollars) decline in 2016.
Georg Schaeffler,
Germany’s third-richest person, fared the worst on the index with 1.9 billion
dollars trimmed from his net worth.
Amancio Ortega, a Spanish
retailer, who is Europe’s richest person, lost 1.5 billion dollars.
While others lost, there were 69 billionaires on the index who added to their fortunes after the Brexit vote.
While others lost, there were 69 billionaires on the index who added to their fortunes after the Brexit vote.
Takemitsu Takizaki,
founder of Osaka-based Keyence, a maker of electronic sensors, led the gainers
with an increase of 579.3 million dollars.
Tadashi Yanai, Japanese retailer and chairman of Tokyo-based Fast Retailing Co., was behind him with a 552 million-dollar rise.
Tadashi Yanai, Japanese retailer and chairman of Tokyo-based Fast Retailing Co., was behind him with a 552 million-dollar rise.
Nineteen billionaires on
the index added more than 100 million dollars on Monday. (NAN)
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