Wealth Lost by the World’s Top 10 Billionaires due to COVID-19

BERNARD ARNAULT

IS: Business Insider

The French billionaire Bernard Arnault is the chairman and chief executive of LVMH Moet Hennessy – Louis Vuitton SE, the world’s largest luxury-goods company.
He was also one of the richest men in the world in December of 2019.

WEALTH LOST – $41.1B


AMANCIO ORTEGA GAONA

IS: Business Management


Amancio Ortega Gaona is one of the richest men in Europe and the wealthiest retailer in the world a Spanish billionaire businessman.
He is the founder and former chairman of the Inditex fashion group, best known for its clothing and accessories brand like Zara.

WEALTH LOST – $26.3B


MARK ZUCKERBERG

IS: The Verge

Co-founder of Facebook, Mark Zukerberg, Inc., and his company is planning to give a $1,000 bonus to every employee to help them amid the Coronavirus pandemic.

WEALTH LOST – $20.8B


MUKESH AMBANI

IS: newsstate.com


Mukesh Ambani is the chairman and managing director of Reliance Industries Ltd, a fortune global 500 company and India’s most valuable company by market value.

WEALTH LOST – $20.4B


WARREN BUFFETT

IS: CNBC.com


An American businessman, investor, and philanthropist, he is the chairman and CEO of Berkshire Hathaway and is considered aa one of the most successful investors in the world.

WEALTH LOST – $15.6B



BILL GATES

IS: Inc.com


He is best known as the co-founder of Microsoft corp., Bill gates recently stepped down from the company’s board to spend more time on philanthropic activities.

WEALTH LOST – $15.3B


CARLOS SLIM

IS: Trendr.com



Mexico’s richest man, Carlos slim helu and his family control America Movil, the biggest mobile telecom firm in Latin America.

WEALTH LOST – $13.5B


SHELDON ADELSON

IS: Business Insider


American businessman, Sheldon Adelson is the CEO and chairman of the Casino Company Las Vegas sands and is temporarily closing the company’s Vegas casinos in response to COVID-19.

WEALTH LOST – $13.3B


FRANCOIS PINAULT

IS: Fortune.com


Pinault is the honorary chairman of luxury group kering, which owns the fashion brands Saint Laurent, Alexander McQueen and Gucci.
He founded kering as a wood and building materials company.

WEALTH LOST – $12.5B



CHARLES KOCH

IS: cnn.com



He is the chairman and CEO of Koch Industries, the second-largest private company by revenue in America, and in 2004 he co-founded the political advocacy group Americans for prosperity.

WEALTH LOST – $12.4B

                                                                              

Inputs: Inshort

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