Worlds Richest Lose Big

Worlds Richest Lose Big

The world’s richest 400 people, including names like Warren Buffett and Glencore Plc’s Ivan Glasenberg, lost a collective $182 billion last week from their collective fortunes. “The weekly drop for the Bloomberg Billionaires Index was the biggest since tracking of the expanded list began in September 2014. The combined net worth of the index members fell by $76 billion on Friday alone, when the Standard & Poor’s 500 Index of U.S. stocks ended its worst week since 2011.”

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