War has also shrunk the wealth of billionaires
In the first quarter of 2026, geopolitical uncertainties worldwide have also made their impact felt on wealth indices. Significant declines were recorded in the assets of seven of the 10 richest individuals.
In the first three months of 2026, the vast majority of the world's leading billionaires experienced a significant erosion of their wealth. According to data reflected in the Bloomberg Billionaires Index, seven of the names in the top 10 of the list experienced a loss of wealth due to volatility and tensions in global markets. The total loss reached 214 billion dollars.
The largest loss was experienced by Bernard Arnault, who operates in the fashion and luxury goods sector. While Arnault's assets decreased by 55.4 billion dollars in just the first three months, he still maintained his place at the top of the list with a net worth of 153 billion dollars.
LOST 21 BILLION DOLLARS
The winner of the year was Elon Musk, owner of companies such as Tesla and SpaceX. Since the beginning of the year, Musk has added 24.2 billion dollars to his wealth, placing him at the top of the list with a total wealth of 644 billion dollars. He is followed by Larry Page, one of the founders of Google, with assets of 247 billion dollars. However, Page also suffered a loss of 21.9 billion dollars during this period.
Amazon founder Jeff Bezos, despite experiencing a wealth loss of 23.3 billion dollars, is in third place on the list with total assets of 230 billion dollars. Sergey Brin, who follows Bezos, lost 20.4 billion dollars in the first three months of the year.
Mark Zuckerberg, creator of the technology giant Meta, fell to 203 billion dollars with a loss of 30.5 billion dollars, while Oracle boss Larry Ellison experienced a loss of 52.4 billion dollars. However, Ellison is still among the richest in the world with a wealth of 195 billion dollars. Nvidia CEO Jensen Huang was also among those who experienced a value loss of 10.1 billion dollars.
Jim Walton, owner of Walmart and one of the few winners on the list, added 9.8 billion dollars to his wealth and increased his assets to 146 billion dollars. His brother Rob Walton was another name that stood out with a new gain of 9.7 billion dollars.
News Source: 12punto
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