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Richest Billionaires Lose $1.4 Trillion in Worst Half Ever

  • Musk, Bezos, Zuckerberg among those with steepest wealth drops
  • Global stock markets plunge as central banks fight inflation
Elon Musk

Elon Musk

Photographer: Win McNamee/Getty Images

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Elon Musk’s fortune plunged almost $62 billion. Jeff Bezos saw his wealth tumble by about $63 billion. Mark Zuckerberg’s net worth was slashed by more than half.

All told, the world’s 500 richest people lost $1.4 trillion in the first half of 2022, a dizzying decline that marks the steepest six-month drop ever for the global billionaire class.