World’s richest including Elon Musk, Jeff Bezos and Mark Zuckerberg lose $1.4 TRILLION in 2022


World’s 500 richest people including Elon Musk, Mark Zuckerberg and Jeff Bezos have lost $1.4 TRILLION in 2022 amid rocketing interest rates and inflation, report finds

  • The report shows that US billionaires alone – such Elon Musk, Jeff Bezos, and Mark Zuckerberg – have seen their fortunes cut by roughly $800 billion 

The world’s 500 wealthiest lost a combined $1.4 trillion this year, it has been revealed – a loss spurred by rocketing interest rates and record inflation.

The decrease, announced in a Capgemini World Wealth report Tuesday, represents a stark turnaround from gains seen last year, when corporations and billionaires raked in record profits during the pandemic, as millions others lost their livelihoods. 

US billionaires – such Elon Musk, Jeff Bezos, and Mark Zuckerberg – have seen their fortunes cut by roughly $800 billion, putting them among the biggest losers of the bombshell report.

The combined losses include a loss of $206 billion on Monday alone. 

The world's 500 wealthiest lost a combined $1.4 trillion this year, it has been revealed - a loss spurred by rocketing interest rates and record inflation

The world’s 500 wealthiest lost a combined $1.4 trillion this year, it has been revealed – a loss spurred by rocketing interest rates and record inflation

The decrease, announced in a Capgemini World Wealth report Tuesday, represents a stark turnaround from gains seen last year, when corporations and billionaires raked in record profits during the pandemic, as millions others lost their livelihoods

The decrease, announced in a Capgemini World Wealth report Tuesday, represents a stark turnaround from gains seen last year, when corporations and billionaires raked in record profits during the pandemic, as millions others lost their livelihoods

The report shows that US billionaires alone - such Elon Musk, Jeff Bezos, and Mark Zuckerberg - have seen their fortunes cut by roughly $800 billion

The report shows that US billionaires alone – such Elon Musk, Jeff Bezos, and Mark Zuckerberg – have seen their fortunes cut by roughly $800 billion 

The two richest in the world, Musk and Bezos, accounted for roughly 16 percent of that decrease, the data shows – putting the billionaires among the biggest losers of the bombshell report.

Others to lose astronomical numbers included Facebook founder Mark Zuckerberg, who fell out of the top ten list of billionaires earlier this year due to plummeting Meta stock; and the world’s third-richest man, Louis Vuitton boss Bernard Arnault.

Those four’s losses, however, paled in comparison to those of 

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