
The S&P 500 posted its worst first half to a year since 1970. The sharp declines for many publicly traded companies sent the net worth of the world’s richest billionaires down to start the year. Here’s how much wealth the top 10 richest people lost.
What Happened: The 500 richest people in the world lost a combined $1.4 trillion in the first half of 2022, according to a new report from Bloomberg.