Business > World

The world's 10 richest people including Elon Musk and Jeff Bezos lost $250 billion in the first half of this year

1 month ago   |   By Business Insider

Elon Musk and Jeff Bezos are the world's two richest people. Getty Images/Insider
The world's richest people lost $250 billion in wealth in the first 6 months of 2022, per Bloomberg.
Elon Musk and Jeff Bezos have lost a combined $120 billion this year.
Some coal and oil magnates on the Billionaires Index became richer as commodity prices soared.
The world's 10 richest people, including Tesla CEO Elon Musk and Amazon founder Jeff Bezos, have suffered a $250 billion fall in their net worth this year. According to the Bloomberg Billionaires' Index , those on the list have become less wealthy...
Read more ...

 


Search by Tags

   World      Market      Tech Insider      Finance      UK Weekend      Elon Musk      Bloomberg Billionaire Index      Jeff Bezos      2022 stock market crash  


Yale researchers have unearthed a new clue that may explain who has long...

Scientists are still trying to understand long COVID as the condition pulls workers from the labor force. Read more ...

South Korea to Pardon Samsung's Lee Jae-yong to Encourage ‘Business Activity'

SEOUL, South Korea - South Korea's president will formally pardon Samsung heir Lee Jae-yong , one year after he was released on parole from a prison sentence for bribing former... Read more ...

Samsung pardon exposes Koreans' love-hate feelings for tycoons

Lee Jae-yong is the latest in a long list of South Korean business elites to receive clemency after white-collar crimes. Read more ...

Georgia Shows Contrasting Direction Of Federal & State Tax Burdens

Georgia, whose voters gave Democrats their Senate majority, highlights how income tax cuts are being passed in state capitals with bipartisan support. The Peach State's two... Read more ...

House Dems set to overcome GOP for climate, health care win

WASHINGTON - A flagship Democratic economic bill perched on the edge of House passage Friday, placing President Joe Biden on the brink of a back-from-the-dead triumph on his... Read more ...

Asian shares mixed after new signs of cooling inflation

Shares were mixed Friday in Asia after a muddled day on Wall Street, where benchmarks meandered following another encouraging report about inflation. Read more ...

Estonia Never Needed to Import Gas by Ship. Until It Did

This tiny Baltic nation is set to complete Europe's first new liquefied natural gas project since Russia set off a race for energy security with its invasion of Ukraine. Read more ...

Today's Wordle Word Of The Day 419 Answer, Hint And Clues, Friday August 12th

Here's today's Wordle 419 answer plus some hints and clues. Read more ...

Pro Skateboarder Leo Baker's Newest Trick: Sticking To Business

"Stay on Board: The Leo Baker Story" Is new to Netflix and it's unlike any film ever streamed. Perhaps that's because he is unlike any man who's turned sports fame into a... Read more ...

Grandparent Slammed for Spending More Money on Granddaughter Than Grandson

One user pointed out, "I mean, really, who asks for $7000 worth of birthday items and actually gets them?" Read more ...