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The world’s 10 richest people lost $172 billion in 3 days as stocks crashed

by Investor News Today
April 9, 2025
in Business
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The world’s 10 richest people lost $172 billion in 3 days as stocks crashed
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A split photo of Mark Zuckerberg and Elon Musk.
Meta Platforms CEO Mark Zuckerberg and Tesla CEO Elon Musk.Andrew Caballero-Reynolds/AFP through Getty Photographs. Allison Robbert-Pool/Getty Photographs
  • The world’s 10 richest individuals had a mixed $172 billion wiped off their fortunes in three days.

  • Shares plunged after Trump’s tariff plans sparked fears of retaliation and recession.

  • Elon Musk is down $35 billion since Wednesday, whereas Mark Zuckerberg is down about $24 billion.

The world’s 10 richest individuals had a mixed $172 billion wiped off their fortunes in the course of the stock market’s three-day rout, the Bloomberg Billionaires Index exhibits.

President Donald Trump’s unveiling of sweeping tariffs final Wednesday triggered a frantic sell-off that despatched the S&P 500 down 11% over the course of Thursday, Friday, and Monday.

The world’s 10 wealthiest individuals, collectively price simply over $2 trillion in the beginning of this 12 months, have had greater than $350 billion vaporized in 2025 because of the slide within the worth of their fairness stakes.

Elon Musk alone has shed $135 billion, bringing the Tesla and SpaceX CEO’s web price beneath $300 billion for the primary time in 5 months. The one high 10 member in the green this year is Warren Buffett, the legendary investor who leads Berkshire Hathaway.

This is the place their fortunes stood at Monday’s market shut:

Internet price: $298 billion

3-day change: down $35 billion

12 months-to-date change: down $135 billion

Elon Musk.
Tesla and SpaceX CEO Elon MuskGraeme Sloan for The Washington Put up through Getty Photographs

Elon Musk’s web price has fluctuated wildly in latest months. Pleasure about his proximity to the president has been changed by concern, as anger has grown towards the White Home’s DOGE company, and public backlash in opposition to Tesla has hammered the automaker’s inventory.

The world’s richest person derives his wealth primarily from his stakes in Tesla and SpaceX. His different companies embrace SpaceX, Neuralink, X, The Boring Firm, and xAI.

Internet price: $196 billion

3-day change: down $21 billion

12 months-to-date change: down $43 billion

Jeff Bezos.
Jeff Bezos stepped down as Amazon’s CEO in 2021.AP Photograph/John Loche

Jeff Bezos is the founder and government chairman of Amazon. He additionally owns The Washington Put up, which he bought in 2013. Bezos stepped down as Amazon’s CEO in 2021.

Internet price: $183 billion

3-day change: down $24 billion

12 months-to-date change: down $25 billion

Mark Zuckerberg
Mark Zuckerberg is the cofounder and CEO of Meta Platforms.Manuel Orbegozo/REUTERS

Mark Zuckerberg is the cofounder and CEO of Meta Platforms, the social media behemoth that owns Fb, WhatsApp, Instagram, and Threads.

Internet price: $154 billion

3-day change: down $14 billion

12 months-to-date change: up $12 billion

Warren Buffet
Warren Buffett is the chairman and CEO of Berkshire Hathaway.Reuters/Mario Anzuoni

Warren Buffett, 94, is the chairman and CEO of Berkshire Hathaway. His conglomerate owns scores of companies together with Geico and See’s Candies, and holds multibillion-dollar stakes in public firms corresponding to Apple and American Specific.

The legendary investor’s monitor document of capitalizing on market crashes, and his firm’s scale and diversification, have made Berkshire a haven for traders who’ve pushed its replenish 8% this 12 months.

Internet price: $150 billion

3-day change: down $19 billion

12 months-to-date change: down $26 billion

Bernard Arnault walking past a royal guard.
Bernard Arnault is the CEO of LVMH.Chesnot/Getty Photographs

Bernard Arnault is the chairman and CEO of LVMH, the world’s largest luxurious items conglomerate. LVMH owns greater than 75 manufacturers spanning style, cosmetics, jewellery, and spirits, together with Louis Vuitton, Dior, and Moët & Chandon.

LVMH’s gross sales have come beneath strain from flagging luxurious demand in latest quarters.

Internet price: $149 billion

3-day change: down $13 billion

12 months-to-date change: down $10 billion

Bill Gates sitting in a chair holding a microphone.
Invoice Gates is the billionaire cofounder of Microsoft.Roy Rochlin/Getty Photographs for Netflix

Bill Gates is the cofounder of Microsoft, although he stepped down from the board in 2020 and now owns solely a small proportion of its shares. Most of his fortune is managed by means of Cascade Funding, a personal agency that holds main stakes in firms just like the 4 Seasons Motels.

Gates’ major focus is the Gates Basis, a philanthropic powerhouse that helps world well being, schooling, and local weather initiatives.

Internet price: $147 billion

3-day change: down $21 billion

12 months-to-date change: down $45 billion

Larry Ellison.
Larry Ellison is Oracle’s cofounder.Elizabeth Frantz/REUTERS

Larry Ellison is the cofounder, government chairman, and chief expertise officer of Oracle, one of many world’s largest software program and cloud computing firms.

Ellison can be a serious investor in Tesla and owns a big portion of Lanai, a Hawaiian island.

Together with OpenAI’s Sam Altman and SoftBank’s Masayoshi Son, Ellison is spearheading Undertaking Stargate, a $500 billion AI infrastructure initiative supported by Trump .

Internet price: $134 billion

3-day change: down $9 billion

12 months-to-date change: down $35 billion

Larry Page speaks during the Fortune Global Forum at the Legion Of Honor on November 2, 2015 in San Francisco, California.
Alphabet cofounder Larry Web page stepped down as CEO in 2019.Kimberly White/Getty Photographs for Fortune

Larry Page is the cofounder of Google and a board member of its guardian firm, Alphabet. Whereas he stepped down as Alphabet’s CEO in 2019, he stays a serious shareholder and influential determine.

Web page can be a serious backer of Kitty Hawk and Opener, firms which might be growing electrical flying automobiles.

Internet price: $126 billion

3-day change: down $8 billion

12 months-to-date change: down $20 billion

Steve Ballmer speaks onstage at the Intuit Dome opening night event held at Intuit Dome on August 15, 2024 in Inglewood, California.
Steve Ballmer is the previous CEO of Microsoft.Michael Buckner/Selection through Getty Photographs

Steve Ballmer is the previous CEO of Microsoft, a task he held from 2000 to 2014. He stays one of many firm’s largest particular person shareholders with an estimated 4% stake.

Exterior Microsoft, Ballmer additionally owns the Los Angeles Clippers, an NBA staff he bought in 2014 for $2 billion.

Internet price: $126 billion

3-day change: down $8 billion

12 months-to-date change: down $33 billion

Sergey Brin
Google cofounder Sergey Brin.Kelly Sullivan/Getty Photographs

Sergey Brin is the cofounder of Google and performed a key position in growing its early search algorithms. He served as president of Alphabet till stepping down in 2019.

Like Web page, Brin retains important affect at Alphabet by means of his Class B shares. Most of his web price is tied to Alphabet inventory.

Learn the unique article on Business Insider



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