Affluent Billionaire Index – The World’s Wealthiest Lose $117 Billion in One Day Market Meltdown
According to Star Magazine Africa the wealthiest 500 people on Earth lost 2.1% of their collective net worth on Monday as U.S. stocks plunged in their biggest drop this year.
In yesterday’s tumultuous markets, 18 billionaires saw their fortunes drop by a billion dollars or more. Shares closed down in Asia’s market on Tuesday but moves by China’s central bank to support the value of its currency brought some relief.
Check Out full list of billionaires who took the blow this week