The richest people in the world have been stranded by 182 billion dollars - ForumDaily
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The richest people in the world are getting poorer by 182 billion

The aggregate state of 400 of the world's top fat cats has been reduced by 6,3%.

Because of the collapse in world markets, billionaires became poorer by 182 billion US dollars over the week, Bloomberg calculated.

Amid the largest weakening in four years in major US stock indices, the Standard & Poor's 500 Index and Dow Jones, only for Friday 21 August, the fortune of the billionaires from the Bloomberg Billionaires Index fell by 76 billion dollars.

“For them, this amount is a small fraction of their fortune, despite the fact that 182 billion is a lot. During such periods, everything really looks terrible, but if you take a step back and look at the big picture, then everything does not look so catastrophic,” the media quotes the director of the consulting firm Aspiriant, John Collins.

Warren Buffet, the main shareholder of Berkshire Hathaway, suffered the most. His fortune declined by 3,6 billion. Baffet takes the third place among the richest people in the world with a fortune of 63,4 billion dollars, reports Bloomberg.

Due to the fall in oil prices, which has become the longest since 1986, the status of entrepreneurs engaged in business in the energy sector has declined by 15,2 billion.

The start of a bear market on the Hong Kong stock exchange and the weakening of the yen led to the fact that China's 26 richest residents lost $18,8 billion in a week.

At the same time, as noted by Bloomberg, despite the crisis in world markets, 11 billionaires were able to increase the state. Dilip Shangwi, the founder of Sun Pharmaceuticals, managed to earn the most. Its capital grew by 467 million - to 18,9 billion dollars.

Last week, China shocked the markets by devaluing its currency by more than 4%. This step was aimed at stimulating the country's economic growth, but many market observers fear that it signaled a more pronounced recession, which is currently ongoing.

On Friday evening, all the major stock exchanges of the world closed in the red zone. In the US, the Dow Jones Industrial Average showed the largest decline since 2011 of the year.

The leaders of the fall were Apple shares - only for 21 in August, Apple shares fell by 6,72 dollars, that is, by 6%. The company lost 158 billion dollars in capitalization.

In 2015, they were sold at 134,5 dollars per share. Thus, the overall decline exceeded 20%. Currently, the company's capitalization is estimated at 618 billions of dollars, and the previous projections, according to which the company could overcome the trillions of dollars, have ceased to seem realistic.

Miscellanea In the U.S. USA stock exchange Interestingly
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