As President Donald Trump's “Mutual” tariffs announcement sent Wall Street shock wavesThe richest people in the world lost billions of dollars in net value almost overnight.
On Wednesday, Trump announced a basic 10% tariff for goods imported from all countries that entered into force on April 5, and “individualized” tariffs up to 50% in a series of specific countries and regions. The announcement caused a crash on the stock exchange: the industrial average Dow Jones, S&P 500 and Nasdaq Composite fell by more than 5% on Friday, after similar losses on Thursday.
In total, a two-day decrease destroyed $ 30.9 billion net value for Elon Musk, $ 23.49 billion for Jeff Bezos and $ 27.34 billion for Marek Zuckerberg-Trzech the richest people in the world, in this order-in the order of the Bloomberg billionaire index. The 500 richest people in the world have experienced the largest two -day loss that has ever been recorded by the index, According to Bloomberg.
Many of the highest net values of the trio results from the value of their relevant companies: Tesla, Amazon and Meta. The newly announced tariffs are particularly strongly hit by technical actions, due to the industry relying in production, computer chips and IT services from countries such as China, India and Taiwan.
The announcement of Trump covered a 32% tariff rate to Taiwan, a 26% rate in India and an increase in China, which increases its total rate to 54% on imported goods. Decline in American economic growth It can also damage the revenues from advertising for Amazon and MetaHe noticed CNBC Investing Club with Jim Cramer on Thursday.
Musk, who closely cooperates with Trump as a senior adviser and de facto head of government administration (Doge), has already experienced losses in its net value in 2025. announced Sales 336,681 cars in this year's first quarter on Wednesday, which is a 13% decrease Compared to last yearmarking the worst quarter since 2022.
In total, Fortuna Muska reached $ 130 billion this year, says the Bloomberg index. His current estimated net value in the amount of $ 302 billion remains a significantly ahead of Bezos, for $ 193 billion, and Zuckerberg for $ 179 billion.
Not all billionaires lost their money on Thursday and Friday's route. According to Bloomberg, co -founder of Rocket Mortgage and the owner of Cleveland Cavaliers, Dan Gilbert, won $ 1.91 billion on Friday, giving him a net value of $ 32.4 billion. India says that the Mexican businessman, Carlos Slim, received $ 2.9 billion richer – before he lost $ 5.48 billion on Friday.
Slim, 85, who in the 1960s was appointed the richest person in the world from 2010 to 2013, began his start as a salesman in Mexico. Its estimated net value of $ 80 billion comes primarily with Holdings in his long -term industrial conglomerates Gruo Carso and American American American American American Telecom Forbes.
Slim predicted that Trump's administration tariffs would be temporary and used primarily as a negotiations tactic, told Bloomberg interview It's published on Tuesday. On Thursday, Trump said that he would be open to negotiating tariff rates with other countries, Despite the helpers of the White House insisting on the opposite.
“The United States has no other alternative, and they do not change what it does,” said Slim.
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