On Friday, the net worth of 23 of the world’s top 25 richest people declined. Only Mukesh Ambani and Gautam Adani saw gains on the last trading day of the week. Find out how much each billionaire lost.
New Delhi: US President Donald Trump has announced 100% additional tariffs on Chinese goods. This led to a massive fall in the US stock market on Friday. Due to this fall, the net worth of 23 of the world’s top 25 richest people declined on the last trading day of the week. Only Asia’s richest people, Mukesh Ambani and Gautam Adani, saw an increase in their net worth. Indian stock markets closed with gains on Friday. The BSE Sensex closed with a gain of 328 points. The net worth of
the world’s richest person, Elon Musk, saw the biggest decline on Friday. Musk, CEO of several companies like Tesla and SpaceX, has seen his net worth fall by $15.8 billion to $437 billion. His net worth has increased by only $4.36 this year. Larry Ellison lost $5.17 billion, Mark Zuckerberg $9.67 billion, Jeff Bezos $10.2 billion, Larry Page $3.84 billion, Sergey Brin $3.56 billion, Bernard Arnault $2.99 billion, Steve Ballmer $3.65 billion, Jensen Huang $8.07 billion and Michael Dell $5.92 billion.
Ambani-Adani net worth
Ambani, who is ranked 18th on the world’s richest person list, saw his net worth increase by $379 million on Friday. The Reliance Industries chairman’s net worth now stands at $97.5 billion. This year, his net worth has increased by $6.85 billion. Adani Group chairman Gautam Adani’s net worth has increased by $630 million to $88.8 billion. This year, his net worth has increased by $10.1 billion, placing him at number 20 on the world’s richest person list.
