The World’s 10 Richest People Lost Nearly $ 70 Billion on Friday as Fresh Fears of a Global Trade War Rattled Markets.
The Value of their Stock Holdings Tumbled AFTER DONALD Trump Said the US WOULD IMPOSE AN ADDITIONAL 100% TARIFF ON IMPORTS FROM CHINA FROM NOVEMBER 1, AND RESTRICT ITS ACCESS TO “ANY AND ALL CRITICAL SOFTWARE,” AFTER CHINA EXPORT CONTROLS ON RART RART RART RART RART RART RART RART RART RART RART RART Rare EARTH EARTH EARTH AND Other Key Materials for Advanced Tech Manufacturing.
Tesla Stock Slid 5% on Friday, Shrinking Ceo Elon Musk’s Wealth by ABOUT $ 16 Billion, The Bloomberg Billionaires Index Shows. Amazon Founder Jeff Bezos and Meta Ceo Mark Zuckerberg Saw Around $ 10 Billion Erazzi from their Respective Net Worths As the E-commerce Giant’s Stock Fell 5% and the Social Media Titan’s Dropped Almost 4%.
Nvidia Ceo Jensen Huang Took an $ 8 Billion Hit as the Chipmaker’s Stock Fell Nearly 5%, while Oracle Cofounder Larry Ellison and Dell Ceo Michael Both saves their fortunes shrink Growth and More Trade Disruption. In all, the world’s 10 Wealthiest People Saw a $ 69 Billion Wealth Reduction.
Trump Saught to Reassure Markets, Posting to Truth Social on Sunday, “don’t worry, it will all be fine.” Shares of Tesla, Alphabet, Amazon, Meta, and Dell Were Trading Around 2% Higher As of 10:20 AM et on Monday, while Oracle Shares Were up 4.5%.
The 10 Richest People’s Wealth Loss Sounds Painful, but they were Still Collectively Worth Over Over Over 2.9 TRAFS FRIDAY’S CLOSE, LED by Musk’s $ 437 Billion, Ellison’s $ 351 Billion, Zuckerberg’s $ 248 Billion, and Bezos’ $ 240 Billion.
They were Still $ 385 Billion in the Green for this Year of Friday, with a $ 159 Billion years-to-Date Wealth Gain for Ellison Alone, Fueled by Oracle’s 75% Stock Surge in 2025.
All of the say except lvmh CEO Bernard arnault rank among the Larger Shareholders of US Tech Giants, Meaning they are benefted significantly from the buzz around he has bosted tech strocks this year.
اترك تعليقاً