The world’s five richest tech billionaires collectively lost $85.07 billion of their wealth in the first few weeks of 2022 due to a market rout. Stock markets dropped the most last week since the outbreak of the pandemic on fears of rising interest rates and inflation. The tech-heavy Nasdaq index …
Read More »America’s richest boosted their fortunes by $195 billion in Biden’s first 100 days – media
The combined net worth of the top 100 ultra-rich people in the US has skyrocketed by $195 billion since Biden took office, according to Bloomberg’s calculations. From his election to his inauguration, they added $267 billion to their fortunes, bringing their total gain to $461 billion since November 4. The rise in …
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