Evergrande, the greatest genuine estate developer in China, and a worldwide Fortune 500 corporation, which is staring at bankruptcy, hit the world’s greatest fortunes, with the richest people today losing billions of dollars. The world’s best 10 richest people today, such as Elon Musk, Jeff Bezos, Bill Gates, Mark Zuckerberg, Warren Buffett, and other individuals lost more than $26 billion. Tesla Inc.’s Elon Musk, the world’s richest billionaire, saw his net worth falling by $7.2 billion to $198 billion, according to the Bloomberg Billionaires Index. Amazon.com Inc. founder Jeff Bezos lost $5.6 billion, with a net worth of $194 billion. In comparison, the S&P 500 index tanked 1.7 per cent to $4,357.73, posting its worst everyday efficiency given that May this year. Monday’s sell-off dragged the S&P 500 index 4.3 per cent down from its 52-week higher of $4,545.85.
Evergrande founder and Chairman Hui Ka Yan, who stood at 359th spot on the Bloomberg Billionaires Index list, saw a drop in his wealth ranking as the company’s shares fell to their lowest levels in more than 11 years. Evergrande shares have been last seen trading at this level in May 2010. His net worth stood at $7.3 billion, down almost $16 billion on a year-to-date basis.
Who lost how significantly wealth
As of 21 September 2021, Tesla’s famed CEO Elon Musk continues to be the world’s richest particular person on the planet with a net worth of $198 billion, regardless of a fall of $7.15 billion. Amazon.com Inc founder Jeff Bezos stood at second spot with $194 billion net worth, with a fall of $5.2 billion. The other 3 people today in the best 5 list have been Louis Vuitton SE group head Bernard Arnault with $157 billion (down $2 billion), Microsoft co-founder Bill Gates with $149 billion (down $1.94 billion), and Facebook founder Mark Zuckerberg with $132 billion (down $3.27 billion) net worth. So far this week, the best 5 richest people today have lost more than $26 billion.
According to the Bloomberg Billionaire Index, Google co-founders Larry Page and Sergey Brin have been at the sixth spot ($124 billion, down $1.9 billion) and seventh position ($119 billion, down $1.8 billion), respectively. Former CEO of Microsoft, Steve Ballmer stood at eighth position in the list with a net worth of $105 billion (down $1.9 billion). Larry Ellison of Oracle Corporation was at ninth position with a total net worth of $one hundred billion (down $764 million), and multi-billionaire investor Warren Buffet stood at 10th position with a total net worth at $one hundred billion (down $701 million).