The world’s richest people have struggled to maintain their massive wealth in 2022 with many stocks down year-to-date and the overall market seeing a pullback. Here’s a look at how the top ten billionaires have fared.
What Happened: The top 10 richest people in the world have lost a cumulative $192.9 billion year-to-date in 2022, according to the Bloomberg Billionaires Index. This represents an average decline of $19.3 billion for each member on the top ten list.
Here is the current leaderboard with their current wealth and year-to-date change.
Elon Musk, CEO Tesla Inc (NASDAQ: TSLA): $211 billion, -$59.5 billion
Jeff Bezos, founder Amazon.com Inc (NASDAQ: AMZN): $146 billion, -$46.1 billion
Bernard Arnault, CEO LVMH: $137 billion, -$41.0 billion
Bill Gates, co-founder Microsoft Corporation (NASDAQ: <a class="ticker" …
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