World's 500 Richest People Lose $35 Billion From Trump Turmoil
- Bezos falls to No. 3 position, $4.9 billion behind Gates
- Facebook’s Zuckerberg is hardest hit with $2 billion drop
Zell, Richards, Barger, Hentemann, Gayeski on Trump
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The world’s richest people lost $35 billion Wednesday when global equity markets were rocked by political turmoil in the U.S., according to the Bloomberg Billionaires Index.
Bill Gates, the world’s richest person with $86.8 billion, lost $1 billion as shares of Microsoft Corp., his largest holding, tumbled 2.8 percent, the most in almost a year. Amazon.com Inc. co-founder Jeff Bezos, who came within $4 billion of taking the top spot from Gates earlier this week, dropped to No. 3 after losing $1.7 billion as shares of the online retailer slid 2.2 percent. Spanish retailing tycoon Amancio Ortega lost $355 million to end the day in the second position with $83.2 billion.