World's 500 richest people lose $35b from Trump turmoil
12:40 • 18.05.17

The world’s richest people lost $35 billion Wednesday when global equity markets were rocked by political turmoil in the US, according to the Bloomberg Billionaires Index.
Bill Gates, the world’s richest person with $86.8 billion, lost $1 billion as shares of Microsoft Corp., his largest holding, tumbled 2.8 percent, the most in almost a year. Amazon.com Inc. co-founder Jeff Bezos, who came within $4 billion of taking the top spot from Gates earlier this week, dropped to No. 3 after losing $1.7 billion as shares of the online retailer slid 2.2 percent. Spanish retailing tycoon Amancio Ortega lost $355 million to end the day in the second position with $83.2 billion.
President Donald Trump’s ties to Russia and his firing of FBI Director James Comey under scrutiny. U.S. stocks posted their steepest declines since September, led by the Nasdaq Composite’s 2.6 percent slide. The MSCI All-Country World Index fell 1.2 percent, and bank stocks were the worst performers.
Facebook Inc. founder Mark Zuckerberg was hardest hit in the tumult, dropping $2 billion when the social media giant dropped 3.3 percent. Zuckerberg is the fifth-richest person on the planet with $62.3 billion, according to the index. Trump, the first billionaire to serve as U.S. president, has a net worth of $3 billion and doesn’t have a spot on the Bloomberg index, a daily ranking of the world’s 500 richest people. They have a combined net worth of $4.9 trillion, up $455 billion in 2017.
LATEST NEWS • All Today news
18:27 • 21/04
President Armen Sarkissian says ready to meet with opposition leader
17:48 • 21/04
17:03 • 21/04
Turkish Foreign Ministry says US remarks on early polls 'unacceptable'
16:41 • 21/04
RFE/RL journalist attacked during protest In Armenia
15:45 • 21/04
Algerian woman denied French citizenship for refusing to shake man’s hand
15:30 • 21/04
Bako Sahakyan issues 'call for unity' amid opposition protests in Armenia
15:21 • 21/04
‘Smallville’ actress arrested in self-help guru's NY sex traffic case
14:49 • 21/04
Serj Tankian: This movement is authentic and completely yours (video)
13:10 • 21/04
Serzh Sargsyan calls for urgent political dialogue 'to avoid irreversible losses’
12:41 • 21/04
Armenian opposition leader’s calls ‘unconstitutional’ – Russian analyst
11:24 • 21/04
Opposition rally: Day 9 (updated)
11:02 • 21/04
Saakashvili issues call for ‘urgent dialogue’ between Armenian authorities and oppositon
10:24 • 21/04
EU leaders issue congratulations to Serzh Sargsyan
10:00 • 21/04
US Democrats sue Trump, Russia and Wikileaks
09:37 • 21/04
North Korea 'halts missile and nuclear tests', says Kim Jong-un
09:26 • 21/04
North Korea 'halts missile and nuclear tests', says Kim Jong-un
18:11 • 20/04
Paylan calls on Turkish government to recognize Genocide
17:19 • 20/04
Armenian president re-appoints more ministers
17:00 • 20/04
Bentley launches official representation in Armenia
16:12 • 20/04
This is a ‘revolution of technologies’ - Alexander Iskandaryan
15:38 • 20/04
Budget 6.1-inch LCD iPhone lineup could start at $550
15:13 • 20/04
13:34 • 20/04
US concerned about Turkey’s ability to hold transparent election
12:56 • 20/04
Ariana Grande unveils 'emotional single'
12:31 • 20/04
More protesters arrested as opposition rally continues
11:56 • 20/04
Police issue fresh warnings to participants of opposition rally
11:39 • 20/04
Turkish parliament committee ratifies election bill
11:23 • 20/04
Yerevan protests: Police continue arresting activists
10:39 • 20/04
Opposition rally: Day 8 (updated, photos)
10:29 • 20/04
10:09 • 20/04
Zhoghovurd: Foreign leaders do not make haste to issue congratulations to Armenian premier
09:35 • 20/04
Syria returns Assad award to France
09:15 • 20/04
Berlin set for mass evacuation as WW2 bomb is defused
17:55 • 19/04
17:41 • 19/04
Young Armenian sambo athletes win 11 medals in European championship (photos)
17:04 • 19/04
Trump delivers Tribute to Barbara Bush in press conference speech
16:47 • 19/04
Robots master task of assembling Ikea chair
16:12 • 19/04
Armenian president re-appoints three cabinet ministers
15:51 • 19/04
Medvedev congratulates Serzh Sargsyan on being appointed prime minister
14:56 • 19/04
Hollywood Studio chiefs hail opening of Saudi Arabia's first cinema
13:43 • 19/04
Latvian parliament ratifies EU-Armenia agreement
12:54 • 19/04
Syria crisis: Unexploded missiles ‘handed over to Russia’
12:46 • 19/04
Magnitude 5.9 earthquake strikes Bushehr Province
12:14 • 19/04
Yerevan protests: Police urge journalists 'to keep reasonable distance’
11:55 • 19/04
2017 was unique year ‘without public protests’ in Armenia – Serzh Sargsyan
11:00 • 19/04
Glendale City Council approves Armenian American Museum project
10:49 • 19/04
2 killed, over 300 buildings damaged in Indonesia earthquake
10:05 • 19/04
Armenian opposition continues rally against prime minister (updated)
09:20 • 19/04
Top Japan official resigns over sex scandal
18:05 • 18/04
Russia vows ‘painful response’ to US sanctions
17:57 • 18/04
Turkey: Erdogan calls snap elections
17:36 • 18/04
Karen Karapetyan appointed Vice Premier
17:07 • 18/04
Azerbaijan not to use Russian missile system sold to Turkey – expert
16:34 • 18/04
Russia Today to face investigations over spy poisoning case
16:12 • 18/04
Iceland's Bitcoin heist suspect 'flees on PM's plane'
15:57 • 18/04
Run-away Dubai princes ‘brought back home’
15:52 • 18/04
15:28 • 18/04
Facebook seeks facial recognition consent for European and Canadian users
14:08 • 18/04
Armenia will need extra aid in case of Azerbaijan-Belarus weapons trading – expert
13:18 • 18/04
Azerbaijani journalist wanted by Baku leaves Ukraine after months of uncertainty
12:52 • 18/04
Education Ministry urges political parties to avoid 'attracting teenagers to mass protests’
12:15 • 18/04
Opposition rally: Day 6 (photos, updated)
11:40 • 18/04
Zhoghovurd: Deepening West-Russia conflict to affect also Armenia
10:41 • 18/04
Israel conferred with US on anti-Syria strike
10:19 • 18/04
Yerevan protests: US Department of State urges for peace
09:46 • 18/04
Artsakh serviceman fatally wounded in landmine explosion
09:30 • 18/04
Syria 'chemical attack': Investigators await UN green light on Douma
18:28 • 17/04
Armen Sarkissian signs decree to appoint Serzh Sargsyan Prime Pinister
18:08 • 17/04
17:14 • 17/04
Serzh Sargsyan elected Prime Minister of Armenia
16:46 • 17/04
15:32 • 17/04
More than 4,000 Emiratis seek to become UAE's first astronaut
14:53 • 17/04
Macron: EU in 'civil war' over democracy
14:08 • 17/04
Turkish court rules to keep US pastor in jail
13:49 • 17/04
Medieval Armenian cathedral to be reconstructed in eastern Turkey
12:52 • 17/04
Zhamanak: Kyrgyzstan’s membership in EEU to reduce privileges for Armenia
12:37 • 17/04
Hraparak: AUA encourages students’ attendance at public rallies
12:09 • 17/04
Armenian parliament opens special session to elect Prime Minister (updates)
11:47 • 17/04
Ombudsman's Office warns against excessive actions in public protests
11:01 • 17/04
Police sanction measures to disperse opposition rally in Yerevan
10:48 • 17/04
Legislative Armenian Caucus introduces Genocide resolution
10:13 • 17/04
Opposition rally: Day 5 (photos, updates)
09:33 • 17/04
Canada recalls diplomats’ families from Cuba
09:14 • 17/04
Syria: Chemical inspectors to be allowed in Douma
18:51 • 16/04
Fitch Affirms Ardshinbank's Ratings
17:28 • 16/04
17:15 • 16/04
Turkey-Russia ties too strong to be broken by France: Chavushoglu
16:59 • 16/04
Conchita Wurst reveals HIV diagnosis
16:49 • 16/04
Whitbread shares soar as activist investor builds stake
16:39 • 16/04
Police urge opposition to end rally, threatening 'use of force'
16:27 • 16/04
Iran bans foreign social media in schools
16:16 • 16/04
Armenian private reported killed in Nagorno-Karabakh
15:43 • 16/04
Parliamentary coalition unanimously nominates Serzh Sargsyan for prime minister
15:17 • 16/04
14:58 • 16/04
Trump 'morally unfit' to be president, says former FBI director
14:50 • 16/04
UK satellite makes HD movies of earth
14:20 • 16/04
We expect Serzh Sargsyan to ‘complete reforms undertaken’ – ARF-D member
13:45 • 16/04
13:13 • 16/04
Serzh Sargsyan: I will devote my time to sharing experience 'if appointed prime minister'
11:08 • 16/04
Trump defends use of ‘Mission Accomplished,’ extends sanctions
Most popular articles
11:02 • 21/04
Saakashvili issues call for ‘urgent dialogue’ between Armenian authorities and oppositon
18:27 • 21/04
President Armen Sarkissian says ready to meet with opposition leader
10:24 • 21/04
EU leaders issue congratulations to Serzh Sargsyan
16:41 • 21/04
RFE/RL journalist attacked during protest In Armenia
15:30 • 21/04
Bako Sahakyan issues 'call for unity' amid opposition protests in Armenia
17:48 • 21/04
17:03 • 21/04
Turkish Foreign Ministry says US remarks on early polls 'unacceptable'
14:49 • 21/04
Serj Tankian: This movement is authentic and completely yours (video)
13:10 • 21/04
Serzh Sargsyan calls for urgent political dialogue 'to avoid irreversible losses’
12:41 • 21/04
Armenian opposition leader’s calls ‘unconstitutional’ – Russian analyst
10:00 • 21/04
US Democrats sue Trump, Russia and Wikileaks
15:21 • 21/04
‘Smallville’ actress arrested in self-help guru's NY sex traffic case
15:45 • 21/04
Algerian woman denied French citizenship for refusing to shake man’s hand
11:24 • 21/04
Opposition rally: Day 9 (updated)
09:37 • 21/04
North Korea 'halts missile and nuclear tests', says Kim Jong-un
09:26 • 21/04
North Korea 'halts missile and nuclear tests', says Kim Jong-un
- Armenian president re-appoints more ministers
- This is a ‘revolution of technologies’ - Alexander Iskandaryan
- More protesters arrested as opposition rally continues
- Yerevan protests: Police urge journalists 'to keep reasonable distance’
- Armenia will need extra aid in case of Azerbaijan-Belarus weapons trading – expert
- Facebook seeks facial recognition consent for European and Canadian users
- More than 4,000 Emiratis seek to become UAE's first astronaut
- UK satellite makes HD movies of earth
- Xiaomi launches Black Shark to compete with Razer Phone
- Mysterious Nubian stone tablets discovered in vast African 'City of The Dead'
- Run-away Dubai princes ‘brought back home’
- Prince William reveals he's a fan of NANDO'S after being introduced to the chain by one of his detectives as he gives a speech at a Commonwealth forum
- 'It's no secret that they despise each other!' Ex-security guard for Church of Scientology reveals bitter rivalry between Tom Cruise and John Travolta
- Trump sends campaign email saying Melania is his 'rock and foundation' amid the Stormy Daniels scandal
- Kanye West is writing philosophy book, calling wife Kim Kardashian the 'Marie Antoinette of our time'
- 2 killed, over 300 buildings damaged in Indonesia earthquake
- Mexican mother-of-two, 43, named woman who was killed after being sucked out of Southwest 737 jet window after engine explosion
- Entrepreneur is raped and tortured in Russian jail, suffering a broken spine, electric shocks and stab wounds
- Canada recalls diplomats’ families from Cuba
- Trump's Beast is just months away! New $1.5m presidential limo, which will protect him from ballistic, explosive and chemical weapons, to be ready for use late summer
- Zhamanak: Kyrgyzstan’s membership in EEU to reduce privileges for Armenia
- Zhamanak: Minister of nature protection to step down
- Zhoghovurd: Azerbaijan's weapons trading 'not limited to Russia' - analyst
- Zhamanak: EU wants guarantees that Armenia will not be transit country for Russians
- Hraparak: Armen Sarkissian 'invites 500 personal guests' to inauguration event