Global Billionaires Lose Nearly $500 Billion in Two Days Following Tariff Announcement

BlockBeats News, April 5th, as the ripple effects of President Trump's tariff announcement continued to roil global markets, the Bloomberg Billionaires Index saw the biggest two-day loss ever experienced by the world's 500 richest people, nearing $500 billion.

Mark Zuckerberg took the hardest hit, with his social media company's stock plummeting 10%, resulting in a $17.9 billion loss. Amazon's founder Jeff Bezos followed closely behind, with his net worth decreasing by $15.9 billion.