The world’s 400 richest people lost almost $194 billion this week as
world stock markets began the year with a shudder on poor economic data
in China and falling oil prices.
Forty-seven billionaires lost $1
billion or more during the worst week for U.S. stocks since 2011,
according to the Bloomberg Billionaires Index. The combined drop was
almost seven times the $29 billion lost in the first five trading days
of 2015. The 400 people on the index had a combined $3.7 trillion at the
end of the week, compared with more than $4 trillion a year ago. Read More
Source : http://www.bloomberg.com/news/articles/2016-01-08/world-s-richest-lose-194-billion-in-first-trading-week-of-2016