Bill Gates, the world’s richest man, and Mark
Zuckerberg, co-founder of Facebook have lost 3.4
billion dollars to the decision of the UK voters to
leave the European Union.
Zuckerberg, co-founder of Facebook have lost 3.4
billion dollars to the decision of the UK voters to
leave the European Union.
According to Bloomberg Billionaires ranking, both
men were the worst-hit billionaires in the U.S.,
losing 1.8 billion dollars and 1.6 billion dollars
respectively.
In context, the amount lost by Gates is more than
the entire wealth of Nigeria’s richest woman,
Folorunsho Alakija, who – according to Forbes –
is worth 1.73 billion dollars.
Global markets erased another 69.2 billion
dollars from the combined net worth of the
world’s 400 richest people on the first trading
day of the week after the Brexit vote, bringing
total loss to 196.2 billion dollars in 48 hours.
The pain on Monday was felt most by Europe’s
wealthiest, as 92 billionaires lost 29.4 billion
dollars, bringing their two-day decline to 81.7
billion dollars.
These 150 billionaires from the U.S. and Canada
lost 26.7 billion dollars on Monday, and recorded
a two-day total of 62.5 billion dollars.
China’s 26 billionaires lost one billion dollars on
Monday, bringing their two-day total loss to $5
billion, with a 7.4 per cent (18.7 billion dollars)
decline in 2016.
Georg Schaeffler, Germany’s third-richest person,
fared the worst on the index with 1.9 billion
dollars trimmed from his net worth.
Amancio Ortega, a Spanish retailer, who is
Europe’s richest person, lost 1.5 billion dollars.
While others lost, there were 69 billionaires on
the index who added to their fortunes after the
Brexit vote.
Takemitsu Takizaki, founder of Osaka-based
Keyence, a maker of electronic sensors, led the
gainers with an increase of 579.3 million dollars.
Tadashi Yanai, Japanese retailer and chairman of
Tokyo-based Fast Retailing Co., was behind him
with a 552 million-dollar rise.
Nineteen billionaires on the index added more
than 100 million dollars on Monday
