Zuckerberg has lost more in 10 months than this 3 Indian millionaire earns in his entire life
Without Gautam Adani, this year has been nothing short of a nightmare for the 10 richest people in the world. 9 of the 10 richest people have lost over $250 billion in wealth so far. Elon Musk is one of the 10 richest people who lost the most wealth. It lost a total of $62.1 billion, or about Rs 511,455 crore. When it comes to billionaires around the world, Facebook CEO Mark Zuckerberg has suffered the most this year.
According to the Bloomberg Billionaires Index, Jeff Bezos is second in terms of net worth, whose net worth has dropped by $53.1 billion this year, meaning he has lost a total of Rs 437,331.6 crore. Bernard Arnault lost $41.2 billion. Facebook CEO Mark Zuckerberg was once the fourth to sixth richest person in the world, but this year his fortune has fallen to $75.6 billion. His net worth is now just $49.9 billion. After this fall, he is now 23rd in the world elite list.
The wealth that Zuckerberg has lost this year is not even the total wealth of 3 of the 10 richest people in India. India’s third billionaire Shiv Nadar has a net worth of $23.8 billion, while fourth ranked billionaire Azim Premji has a net worth of $23.4 billion and Radhakrishna Damani has a net worth of $20.1 billion. dollars. If we add the assets of these three Indian billionaires, that comes to $67.3 billion, while Zuckerberg has lost $75 billion this year. In fact, much of the wealth of these billionaires is in the shares of their companies.
This year, the fortunes of the wealthy have declined due to huge ups and downs in the stock market. So far this year, Elon Musk’s Tesla Inc shares have fallen almost 45%. Amazon CEO Jeff Bezos’ shares in the company fell 32.43%. Shares of Google, or Alphabet, have fallen more than 30% this year. Facebook also fell more than 60%, a drop that is becoming a major factor in the decline in fortunes of these wealthy individuals. Indian industrialist Gautam Adani, who reached number two on the billionaire list this year and is number one in terms of income.
Although he jumped from number two to number four, he remains at the top of the world’s richest people in terms of income. According to the Bloomberg Index, he has added $46.8 billion in wealth so far this year to reach $123 billion. Just a few days ago, his fortune reached $150 billion. As for Adani Group companies, shares of Adani Enterprises have soared more than 91% this year.
Shares of Adani Power have gained 238% this year. Adani Green grew by almost 60% and Adani Transmission by over 88%. Adani Total Gas also increased by 84.08%. Adani shares have not fallen so far this year. This is why Adani turned out to be the number one earner in the world.
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