5 billionaires of the world's richest businessmen have lost about $300 billion since the beginning of the year, amid a strong storm of negative economic data that frustrated the markets.
According to Arab Net, the CEO and founder of the largest crypto exchange in the world in terms of trading value - Binance - Zhang Bing Zhao, who is called by the acronym CZ, came at the top of the list, as his fortune collapsed strongly and he lost about 83 billion dollars during the stormy crisis in cryptocurrencies recently. /p>
And Zhao recovered some of his losses during the past 24 hours, as his fortune increased by 6.7 billion dollars, bringing his losses to 77.6 billion dollars since the beginning of the year, and the net wealth stabilizes at 18.3 billion dollars, losing 81% of his wealth from the top their levels.
His rank in Bloomberg's list of billionaires fell to 78th, down from 7th, after Bloomberg added him to its list for the first time two months ago.
While the second richest man in the world ranked second in terms of the value of losses, after the recent declines in the Amazon stock ravaged the wealth of its CEO and co-founder, Jeff Bezos, who lost $ 55.5 billion of his fortune to settle at $137 billion, which is the lowest level of Bezos' wealth in more than two years, specifically from the outbreak of the Corona epidemic in March 2020.
Bernard Arnault of Louis Vuitton LVMH ranked third, with losses of $52.8 billion in his fortune, which settled at $125 billion - the lowest in a year.
With extensive investigations into Facebook, a change in Apple's privacy policy that deprived the company of $10 billion in revenue, as well as significant declines in technology stocks this year, the fortune of the founder of Meta - the parent company of Facebook - has plunged to the level of $73.2 billion, after he lost nearly half of his fortune, as his loss amounted to $52.3 billion since the beginning of this year, and reached its lowest level in two years on April 27 last at $65 billion.
Zuckerberg's fortune rose to its highest level last September at $142 billion.
While the CEO of Tesla, the most fortunate among the world's richest billionaires, not only was at the top of the list, but also because his ranking in the loss among these giants came in a late position, as his fortune lost 46.2 billion dollars, He is still the only one in the world whose fortune exceeds the $200 billion barrier, which the Amazon founder competed with before the long slide in his fortune.
According to Al-Arabiya's calculations, the combined losses of the fortunes of these five men amounted to $285 billion.
