scorecardresearchRichest Americans Lose $93 Billion After Inflation-Fueled Stock Rout, Bloomberg says

Richest Americans Lose $93 Billion After Inflation-Fueled Stock Rout, Bloomberg says

Updated: 14 Sep 2022, 09:46 AM IST
TL;DR.
  • Jeff Bezos’s wealth plunged by $9.8 billion, the most among those tracked by the Bloomberg Billionaires Index. Elon Musk’s net worth dropped by $8.4 billion. The fortunes of Mark Zuckerberg, Larry Page, Sergey Brin and Steve Ballmer all declined by more than $4 billion, while Warren Buffett and Bill Gates lost $3.4 billion and $2.8 billion, respectively.
The WSJ Dollar Index, which measures the US dollar against a basket of currencies, is up nearly 6% year to date, reaching levels unseen in decades as inflation and worries of slower growth grip the globe 

The WSJ Dollar Index, which measures the US dollar against a basket of currencies, is up nearly 6% year to date, reaching levels unseen in decades as inflation and worries of slower growth grip the globe