Billionaires Musk, Bezos, and Arnault lose $115 billion in bear market

Yahoo Finance Video

Tue, Jul 26, 2022, 10:04 AM

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Yahoo Finance Live’s Brian Sozzi breaks down the stat of the day.

Video Transcript

BRIAN SOZZI: The bear market hasn't been too kind to the richest three people in the world-- Tesla's CEO Elon Musk, Amazon's Jeff Bezos, and LVMH's Bernard Arnault. Combined, the three men have lost about $115 billion in net worth year to date, according to the Bloomberg Billionaires Index. Still, they are collectively worth a stunning $525 billion.

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Billionaires Musk, Bezos, and Arnault lose $115 billion in bear market

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