The world’s five richest people lost $8.7 billion Monday in a global stock selloff sparked by weak factory data in China and a flareup in tensions between Saudi Arabia and Iran.
Amazon.com Inc. founder Jeff Bezos led decliners on the Bloomberg Billionaires Index in the first trading day of 2016, losing $3.7 billion as the world’s largest online retailer fell 5.8 percent. His net worth is now $56 billion. Spain’s Amancio Ortega dropped $2.5 billion to $70.4 billion as his Inditex SA, the biggest fashion retailer, fell 3.5 percent. Berkshire Hathaway Inc. Chief Executive Officer Warren Buffett, Mexico’s Carlos Slim and Microsoft Corp. co-founder Bill Gates, the richest person on the planet, lost a combined $2.5 billion.
| Billionaire | Daily Change | Net Worth | 2015 Change |
| Jeff Bezos | -$3.7 billion | $56 billion | +$31 billion |
| Amancio Ortega | -$2.5 billion | $70.4 billion | +$11.8 billion |
| Warren Buffett | -$870 million | $61.4 billion | -$11.5 billion |
| Carlos Slim | -$868 million | $51.4 billion | -$20.3 billion |
| Bill Gates | -$739 million | $83 billion | -$2.8 billion |
The biggest gainer was activist investor Carl Icahn, whose net worth climbed $210.4 million to $20.1 billion. The Bloomberg index is a daily ranking of the world’s 400 richest people, who lost a combined $82.4 billion for the day.
Original Article:http://www.bloomberg.com/news/articles/2016-01-04/world-s-five-richest-lose-8-7-billion-in-year-s-trading-debut
Jasper and Sardine 