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Home»Finance»The world’s 10 richest people lost $172 billion in 3 days as stocks crashed
Finance

The world’s 10 richest people lost $172 billion in 3 days as stocks crashed

April 9, 2025No Comments6 Mins Read
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The world's 10 richest people lost $172 billion in 3 days as stocks crashed
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A split photo of Mark Zuckerberg and Elon Musk.
Meta Platforms CEO Mark Zuckerberg and Tesla CEO Elon Musk.Andrew Caballero-Reynolds/AFP through Getty Photos. Allison Robbert-Pool/Getty Photos
  • The world’s 10 richest individuals had a mixed $172 billion wiped off their fortunes in three days.

  • Shares plunged after Trump’s tariff plans sparked fears of retaliation and recession.

  • Elon Musk is down $35 billion since Wednesday, whereas Mark Zuckerberg is down about $24 billion.

The world’s 10 richest individuals had a mixed $172 billion wiped off their fortunes through the inventory market’s three-day rout, the Bloomberg Billionaires Index exhibits.

President Donald Trump’s unveiling of sweeping tariffs final Wednesday triggered a frantic sell-off that despatched the S&P 500 down 11% over the course of Thursday, Friday, and Monday.

The world’s 10 wealthiest individuals, collectively price simply over $2 trillion in the beginning of this 12 months, have had greater than $350 billion vaporized in 2025 as a result of slide within the worth of their fairness stakes.

Elon Musk alone has shed $135 billion, bringing the Tesla and SpaceX CEO’s web price beneath $300 billion for the primary time in 5 months. The one high 10 member within the inexperienced this 12 months is Warren Buffett, the legendary investor who leads Berkshire Hathaway.

Here is the place their fortunes stood at Monday’s market shut:

Web price: $298 billion

3-day change: down $35 billion

12 months-to-date change: down $135 billion

Elon Musk.
Tesla and SpaceX CEO Elon MuskGraeme Sloan for The Washington Submit through Getty Photos

Elon Musk’s web price has fluctuated wildly in current months. Pleasure about his proximity to the president has been changed by concern, as anger has grown towards the White Home’s DOGE company, and public backlash towards Tesla has hammered the automaker’s inventory.

The world’s richest particular person derives his wealth primarily from his stakes in Tesla and SpaceX. His different companies embody SpaceX, Neuralink, X, The Boring Firm, and xAI.

Web price: $196 billion

3-day change: down $21 billion

12 months-to-date change: down $43 billion

Jeff Bezos.
Jeff Bezos stepped down as Amazon’s CEO in 2021.AP Photograph/John Loche

Jeff Bezos is the founder and govt chairman of Amazon. He additionally owns The Washington Submit, which he bought in 2013. Bezos stepped down as Amazon’s CEO in 2021.

Web price: $183 billion

3-day change: down $24 billion

12 months-to-date change: down $25 billion

Mark Zuckerberg
Mark Zuckerberg is the cofounder and CEO of Meta Platforms.Manuel Orbegozo/REUTERS

Mark Zuckerberg is the cofounder and CEO of Meta Platforms, the social media behemoth that owns Fb, WhatsApp, Instagram, and Threads.

Web price: $154 billion

3-day change: down $14 billion

12 months-to-date change: up $12 billion

Warren Buffet
Warren Buffett is the chairman and CEO of Berkshire Hathaway.Reuters/Mario Anzuoni

Warren Buffett, 94, is the chairman and CEO of Berkshire Hathaway. His conglomerate owns scores of companies together with Geico and See’s Candies, and holds multibillion-dollar stakes in public corporations similar to Apple and American Categorical.

The legendary investor’s monitor report of capitalizing on market crashes, and his firm’s scale and diversification, have made Berkshire a haven for traders who’ve pushed its fill up 8% this 12 months.

Web price: $150 billion

3-day change: down $19 billion

12 months-to-date change: down $26 billion

Bernard Arnault walking past a royal guard.
Bernard Arnault is the CEO of LVMH.Chesnot/Getty Photos

Bernard Arnault is the chairman and CEO of LVMH, the world’s largest luxurious items conglomerate. LVMH owns greater than 75 manufacturers spanning style, cosmetics, jewellery, and spirits, together with Louis Vuitton, Dior, and Moët & Chandon.

LVMH’s gross sales have come underneath strain from flagging luxurious demand in current quarters.

Web price: $149 billion

3-day change: down $13 billion

12 months-to-date change: down $10 billion

Bill Gates sitting in a chair holding a microphone.
Invoice Gates is the billionaire cofounder of Microsoft.Roy Rochlin/Getty Photos for Netflix

Invoice Gates is the cofounder of Microsoft, although he stepped down from the board in 2020 and now owns solely a small proportion of its shares. Most of his fortune is managed by Cascade Funding, a non-public agency that holds main stakes in corporations just like the 4 Seasons Motels.

Gates’ main focus is the Gates Basis, a philanthropic powerhouse that helps world well being, schooling, and local weather initiatives.

Web price: $147 billion

3-day change: down $21 billion

12 months-to-date change: down $45 billion

Larry Ellison.
Larry Ellison is Oracle’s cofounder.Elizabeth Frantz/REUTERS

Larry Ellison is the cofounder, govt chairman, and chief know-how officer of Oracle, one of many world’s largest software program and cloud computing corporations.

Ellison can be a significant investor in Tesla and owns a big portion of Lanai, a Hawaiian island.

Together with OpenAI’s Sam Altman and SoftBank’s Masayoshi Son, Ellison is spearheading Mission Stargate, a $500 billion AI infrastructure initiative supported by Trump .

Web price: $134 billion

3-day change: down $9 billion

12 months-to-date change: down $35 billion

Larry Page speaks during the Fortune Global Forum at the Legion Of Honor on November 2, 2015 in San Francisco, California.
Alphabet cofounder Larry Web page stepped down as CEO in 2019.Kimberly White/Getty Photos for Fortune

Larry Web page is the cofounder of Google and a board member of its mum or dad firm, Alphabet. Whereas he stepped down as Alphabet’s CEO in 2019, he stays a significant shareholder and influential determine.

Web page can be a significant backer of Kitty Hawk and Opener, corporations which are creating electrical flying automobiles.

Web price: $126 billion

3-day change: down $8 billion

12 months-to-date change: down $20 billion

Steve Ballmer speaks onstage at the Intuit Dome opening night event held at Intuit Dome on August 15, 2024 in Inglewood, California.
Steve Ballmer is the previous CEO of Microsoft.Michael Buckner/Selection through Getty Photos

Steve Ballmer is the previous CEO of Microsoft, a task he held from 2000 to 2014. He stays one of many firm’s largest particular person shareholders with an estimated 4% stake.

Outdoors Microsoft, Ballmer additionally owns the Los Angeles Clippers, an NBA crew he bought in 2014 for $2 billion.

Web price: $126 billion

3-day change: down $8 billion

12 months-to-date change: down $33 billion

Sergey Brin
Google cofounder Sergey Brin.Kelly Sullivan/Getty Photos

Sergey Brin is the cofounder of Google and performed a key function in creating its early search algorithms. He served as president of Alphabet till stepping down in 2019.

Like Web page, Brin retains vital affect at Alphabet by his Class B shares. Most of his web price is tied to Alphabet inventory.

Learn the unique article on Enterprise Insider

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