Bill Gates, the world’s richest man, and Mark Zuckerberg,
co-founder of Facebook, have lost $3.4 billion to the decision of the UK voters
to leave the European Union. According to Bloomberg Billionaires ranking, both men were
the worst-hit billionaires in the United States, losing $1.8 billion and $1.6
billion respectively.
In context, the amount lost by Gates is more than the entire
wealth of Nigeria’s richest woman, Folorunsho Alakija, who – according to
Forbes – is worth $1.73 billion.
Global markets erased another $69.2 billion from the
combined net worth of the world’s 400 richest people on the first trading day
of the week after the Brexit vote, bringing total loss to $196.2 billion in 48
hours. The pain on Monday was felt most by Europe’s wealthiest, as
92 billionaires lost $29.4 billion, bringing their two-day decline to $81.7
billion.
These 150 billionaires from the US and Canada lost $26.7
billion on Monday, and recorded a
two-day total of $62.5 billion.
China’s 26 billionaires lost $1 billion Monday, bringing
their two-day total loss to $5 billion, with a 7.4 percent ($18.7 billion)
decline in 2016.
Georg Schaeffler, Germany’s third-richest person, fared the
worst on the index Monday with $1.9 billion trimmed from his net worth.
Amancio Ortega, a Spanish retailer, who is Europe’s richest
person, lost $1.5 billion.
While others lost, there were 69 billionaires on the index
who added to their fortunes after the Brexit vote.
Takemitsu Takizaki, founder of Osaka-based Keyence, a maker
of electronic sensors, led the gainers with an increase of $579.3 million.
Tadashi Yanai, Japanese retailer and chairman of Tokyo-based
Fast Retailing Co., was behind him with a $552 million rise. Nineteen
billionaires on the index added more than $100 million Monday.
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