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Trump's Tariff Turmoil Topples Ultra-Rich's Wealth — $174B Wiped Out From Fortunes Of World's Top 10 Billionaires, Including Elon Musk, Warren Buffett And Mark Zuckerberg
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Sentiment
Neutral
AI Confidence
94%
Time Horizon
Short Term
Affected Symbols
Article Context
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The 10 wealthiest individuals in the world, including Elon Musk, CEO of Tesla Inc., have lost $174 billion following President Donald Trump‘s tariff announcement on April 2. On a year-to-date basis, they lost nearly a staggering $350 billion. What Happened: Following Trump’s tariff declaration last Wednesday, the S&P 500 plummeted 11%. This resulted in a significant shrinkage of the equity stakes of the world’s richest, who had a combined net worth exceeding $2 trillion at the start of 2025. As
Original article published by
Yahoo Finance
on April 12, 2026.
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