The world’s 500 richest billionaires lost $1.4 trillion in half-year. The steepest six-month drop for the billionaire class. Elon Musk’s fortune was reduced by almost $62 billion. Jeff Bezos’ wealth cut down by about $63 billion. Zuckerberg’s net worth slashed by more than half. This is due to the raising interest rates to fight inflation. Despite the loss, Musk is the world’s richest person. His net worth is 4208.5 billion .Amazon’s Bezos with a $129.6 bn net worth comes second.
