US EditionElon Musk Stays Quiet On Tariffs As Tesla Nosedive Continues
- On April 2, the world's 500 richest people lost a total of $208 billion due to tariffs announced by US President Donald Trump, marking the fourth-largest one-day decline in the Bloomberg Billionaires Index's history.
- Mark Zuckerberg lost $17.9 billion, a 9% decline, making him the biggest loser in dollar terms among billionaires affected by the tariffs.
- Amazon's Jeff Bezos lost $15.9 billion after shares fell 9%, the largest drop since April 2022, as a result of the tariffs announced by Trump.
- The European Union expects a new 20% flat tariff on all products bound for the US, which is likely to impact alcohol and luxury goods exports.
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Zuckerberg, Bezos, Musk lose billions as Trump tariffs hit
The combined wealth of the world's 500 richest individuals plummeted by $208 billion on Thursday, following a sharp market downturn triggered by the announcement of broad tariffs by US President Donald Trump. The decline marked the fourth-largest one-day drop in the history of the Bloomberg Billionaires Index, and the largest since the height of the COVID-19 pandemic. More than half of the billionaires tracked by the index saw their fortunes shr…
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Total News Sources32
Leaning Left4Leaning Right3Center4Last UpdatedBias Distribution36% Left, 36% Center
Bias Distribution
- 36% of the sources lean Left, 36% of the sources are Center
36% Center
L 36%
C 36%
R 27%
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