400 of the richest people in the world have lost a total of $ 70 billion on Monday as equity markets around the world have obeyed the fears about Greece.
Loss for each of the 400 billionaires amounts to an average of $ 175 million.
The collective decline of billionaires is more than 1.5%. The total loss is more than the market capitalization of Ford Motor Co
Ameniko Ortega is among the richest people in the world had the largest drop, losing 2.2 billion per day, 3.2% decline. Ortega is the richest man in Europe and the second richest man in the world with $ 69.2 billion. American investor Warren Buffett is the third richest person in the world with $ 67.1 billion and it lost $ 1.6 billion. Bill Gates, richest man on the planet, lost $ 1.4 billion, 1.7% decline. 400 richest people in the world control the combined $ 4.2 trillion, almost $ 400 billion more than the GDP of Germany.
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.