According to the Bloomberg Billionaires Index, the world’s richest people (the top 500) have lost more than $1.4 trillion in wealth in 2022 alone. This includes well-known names like Elon Musk, Jeff Bezos and Mark Zuckerberg.
The richest people in the world lost half their wealth!
Recently, there has been a massive collapse in the cryptocurrency market. For this reason, the richest names in the world are among the people who have lost the most. For example, Binance CEO Changpeng Zhao lost 90 percent of his personal wealth—$85.6 billion.
But not only crypto investors, but also the richest people in the world, have lost $1.4 trillion of their assets as of this Monday. According to the statement, it is stated that many variables such as various crises affecting the sector, increasing inflation globally and the collapse in the crypto money market are caused.
Binance CEO in shock: Loss increased 50 times!
The damage suffered by Binance CEO Changpeng Zhao due to the collapse in the cryptocurrency market was astonishing.
Elon Musk, who lost almost a quarter of his assets, is right behind Changpeng Zhao. In addition, Meta CEO Mark Zuckerberg, who is frequently on the agenda with his investments in Metaverse and blockchain, has lost more than half of his fortune.
| Person | Loss amount in 2022 | net assets |
|---|---|---|
| Changpeng Zhao | $85.6 billion | 10.2 billion dollars |
| Elon Musk | $73.2 billion | $197.1 billion |
| Jeff Bezos | $65.3 billion | 127 billion dollars |
| Mark Zuckerberg | 64.4 billion dollars | $61.1 billion |
| Bernard Arnault | $56.8 billion | $121.2 billion |
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