Richest people in the world lose $ 117 billion due to trade war between China and USA

On Monday, August 5, the 500 richest people in the world lost $ 117 billion together due to the cheapening of the shares of the companies they owned as a result of a trade war between the United States and China. About this writes Gromadske with reference to Bloomberg.

According to the agency, the wealthiest people on the planet decreased by 2.1%, which is the result of the largest one-day fall in stock markets since the beginning of 2019, which provoked an aggravation of the trade war between the United States and China.

Jeff Bezos, the richest man on the planet, lost the most. His fortune on Monday fell by $ 3.4 billion. At the same time, he did not give up first place in the ranking of the richest. Its assets are estimated at $ 110 billion.

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About 20 more people lost about $ 1 billion.

At the same time, capitalization, that is, the market value of the largest American companies during August 5, fell by $ 700 billion.

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