http://twitter.com/GetiAra
Videos

Trump's tariffs slash more than $525 billion from richest supporters' wealth

Even Trump backers like Musk hit hard by 'liberation day' market fallout

avatar-icon

Gaitty Ara Anis

Correspondent-USA

Gaitty Ara Anis is a seasoned multimedia journalist based in Washington, D.C., she specializes in digital content creation, including writing and video production. Currently, she represents Nukta as its correspondent in the USA. She has been previously associated with Voice of America, Dawn, CNBC, PTV World and Geo News over the past twenty years.

Full Bio
Trump's tariffs slash more than $525 billion from richest supporters' wealthplay icon

Zuckerberg, Bezos each lost over USD 10 billion

Record decline on Bloomberg's billionaire index

In a stunning market reversal, Donald Trump's sweeping tariff announcement has wiped $536 billion from the world's 500 richest people in just 48 hours - the largest two-day wealth loss ever recorded on Bloomberg's billionaires index. The shockwaves from "liberation day" have hit hardest among the very tycoons who backed Trump's return to office.

Tesla CEO Elon Musk is on the casualty list with a staggering $11 billion loss over the two-day period, while Meta's Mark Zuckerberg shed $18 billion and Amazon's Jeff Bezos lost $16 billion.

Comments

See what people are discussing

Back To Top