• search

Plunge in US stocks: Who lost and how much?

By Chennabasaveshwar
Subscribe to Oneindia News
For Quick Alerts
ALLOW NOTIFICATIONS
For Daily Alerts

    As US stocks took a further steep plunge on Monday erasing all the gains made so far this year. The stock market crash cut the fortunes of the world's 500 richest people by $114 billion.

    Plunge in US stocks: Who lost and how much?

    According to the Bloomberg Billionaires Index, Warren Buffett, the world's third-richest person, was hardest hit, losing $5.1 billion. He is the chairman of Berkshire Hathaway Inc.

    Facebook Chief Executive Officer Mark Zuckerberg's fortune tumbled by $3.6 billion, the second-biggest decline. E-commerce ginat Amazon's CEO, Jeff Bezos's fortune slipped $3.3 billion to $116.4 billion as shares of the retail behemoth fell 2.8 per cent. Google's Larry Page and Sergey Brin both took lost about $2.3 billion.

    OneIndia News

    For Breaking News from Oneindia
    Get instant news updates throughout the day.

    X
    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more