Daily Mail UK
The world’s wealthiest 500 people have lost a staggering $1.4trillion in 2022 alone due to rocketing interest rates and record inflation, a bombshell report has found.
American billionaires Elon Musk, Jeff Bezos and Mark Zuckerberg saw their fortunes slashed by around $800billion this year, the Capgemini World Wealth review said.
The rest of the top five was made up of Binance founder Changpeng Zhao – who shed $85.6billion – and French Louis Vuitton magnate Bernard Arnault, who is worth $56.8billion less.