Advertisements

These are the 17 Billionaires who Lost More Money in 2018

In total, the 17 billionaires who lost the most in 2018 accumulated losses exceeding 135,000 million euros, compared to a total wealth of 369,100 million euros.

Advertisements
Share Give it a Spin!
RSS
Follow by Email
Twitter
LINKEDIN

In total, the 17 billionaires who lost the most in 2018 accumulated losses exceeding 135,000 million euros, compared to a total wealth of 369,100 million euros. In the list we find some of the 10 richest people in the world, among them Amancio Ortega.

Often, the economic press focuses on the great fortunes amassed by the leading billionaires and the large profits that accumulate year after year. The media produce reports comparing their wealthy assets and analyzing their ups and downs in the lists of the richest in the world. However, it is revealing to analyze who has suffered the greatest losses and what weight they have had in their funds.

In this way, if we order the Index of Billionaires that elaborates Bloomberg in order of greater retreat of wealth in the last year, we can find several illustrious names that have suffered billions losses without disheveled. And also others who have left more than half of their fortune in a year that has been twisting in the financial markets as it was running out.

135,000 million euros in losses

The 17 billionaires who have lost the most money in 2018 add up to a total wealth of 369,100 million euros. Among them, there are Asian majority and especially of China, which has 6 representatives of the People’s Republic and one of Hong Kong, although the first positions on the list are occupied by three Westerners.

Regarding their professions, there is a certain variety, although technological entrepreneurs, steel magnates or casinos, global investors and owners of media stand out. And among all, they added more than 135,000 million euros in losses.

What are the countries with the most billionaires in the world?
These are the billionaires who have added more losses between January 2, 2018 and the same day of this year.

17. Yongxing Liu: 4,800 million euros

Position: President and CEO of East Hope
Sector: Industrial
Country: China
Posted in the Bloomberg Index of the richest billionaires in the world: 192
Losses in the last year: 4,800 million euros
Total fortune: 6,300 million euros

16. Lee Kun Hee: 4.850 million euros

Position: Samsung President
Sector: Technological, Industrial
Country: South Korea
Posted in the Bloomberg Index of the richest billionaires in the world: 59
Losses in the last year: 4,850 million euros
Total wealth: 13,400 million euros

15. Lakshmi Mittal: 5,150 million euros

Position: President and CEO of Arcelor Mittal
Sector: Raw materials, steel industry
India country
Posted in the Bloomberg Index of the richest billionaires in the world: 79
Losses in the last year: 5,150 million euros
Total wealth: 12,100 million euros

14. William Ding: 5.580 million euros

Position: CEO of NetEase
Sector: Technological
Country: China
Posted in the Bloomberg Index of the richest billionaires in the world: 74
Losses in the last year: 5,580 million euros
Total wealth: 12,200 million euros

13. Charoen Sirivadhanabhakdi: 5.620 million euros

Position: President of TCC Group
Sector: Food and Beverages
Country: Thailand
Posted in the Bloomberg Index of the richest billionaires in the world: 116
Losses in the last year: 5.620 million euros
Total wealth: 9,570 million euros

12. Charlie Ergen: 5.9 billion euros

Position: Chairman of the Board of Directors of Dish Network
Sector: Media
Country: USA
Posted in the Bloomberg Index of the richest billionaires in the world: 142
Losses in the last year: 5.9 billion euros
Total wealth: 7,800 million euros

11. Wang Wei: 5.960 million euros

Position: President of SF Holdings
Service sector
Country: China
Posted in the Bloomberg Index of the richest billionaires in the world: 124
Losses in the last year: 5.960 million euros
Total fortune: 9,100 million euros

10. Carlos Slim: 5,990 million euros

Position: President of Telmex
Sector: Diversified investment
Country: MEXICO
Posted in the Bloomberg Index of the richest billionaires in the world: 6
Losses in the last year: 5,990 million euros
Total fortune: 48,200 million euros

9. Sheldon Adelson: 6.490 million euros

Position: President and CEO of Las Vegas Sands Corporation
Sector: Casinos
Country: USA
Posted in the Bloomberg Index of the richest billionaires in the world: 26
Losses in the last year: 6,490 million euros
Total wealth: 25,700 million euros

8. Li Ka-Shing: 6,530 million euros

Position: President and CEO of Cheung Kong and Hutchison Whampoa
Real estate
Country: Hong Kong
Posted in the Bloomberg Index of the richest billionaires in the world: 28
Losses in the last year: 6,530 million euros
Total fortune: 24,800 million euros

7. Pony Ma: 7.660 million euros

Position: President of Tencent
Sector: Technological
Country: China
Posted in the Bloomberg Index of the richest billionaires in the world: 23
Losses in the last year: 7.660 million euros
Total wealth: 28,400 million euros

6. Jack Ma: 8.590 million euros

Position: Founder and president of Alibaba
Sector: Technological
Country: China
Posted in the Bloomberg Index of the richest billionaires in the world: 20
Losses in the last year: 8,590 million euros
Total fortune: 31,400 million euros

5. Jorge Paulo Lemann: 8,880 million euros

Position: InBev Board Member
Sector: Food and Beverages
Brazil country
Posted in the Bloomberg Index of the richest billionaires in the world: 38
Losses in the last year: 8,880 million euros
Total wealth: 17,100 million euros

4. Georg Schaeffler: 9,110 million euros

Position: Major shareholder of INA Holding Schaeffler GmbH & Co. KG
Sector: Industrial
Country: Germany
Posted in the Bloomberg Index of the richest billionaires in the world: 121
Losses in the last year: 9,110 million euros
Total fortune: 11.9 billion euros

3. Wang Jianlin: 9.570 million euros

Position: President of Dalian Wanda
Real estate
Country: China
Posted in the Bloomberg Index of the richest billionaires in the world: 48
Losses in the last year: 9.570 million euros
Total fortune: 15,500 million euros

2. Amancio Ortega: 14,700 million euros

Position: Founder and maximum shareholder of Inditex and Pontegadea
Textile sector
Country: Spain
Posted in the Bloomberg Index of the richest billionaires in the world: 5
Losses in the last year: 14,700 million euros
Total wealth: 51,400 million euros

1. Mark Zuckerberg: 18.2 billion euros

Position: Facebook CEO
Sector: Technological
Country: USA
Posted in the Bloomberg Index of the richest billionaires in the world: 7
Losses in the last year: 18,200 million euros
Total fortune: 45,600 million euros

Advertisements