The Trump tariff crisis is hitting global markets and the three US billionaires are its first victims
In shocking global economic developments, the tariffs recently announced by US President Donald Trump have caused strong tremors in global financial markets, leading to massive losses for the world’s wealthiest people.
According to a report by CNBC Make IT, the world’s 500 richest people lost tens of billions in just two days, with the most prominent among them:
- Elon Musk: lost approximately $30.9 billion;
- Jeff Bezos: lost approximately $23.49 billion;
- Mark Zuckerberg: lost approximately $27.34 billion.
These losses come amid a sharp decline in global stock market indices, reflecting the tensions sparked by US protectionist policies and their impact on the global investment climate.
