US billionaires biggest losers in 2022 – Forbes ...News

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Elon Musk’s fortune saw the biggest drop this year, according to the publication The world’s billionaires have had a tough year, having lost nearly $2 trillion combined in 2022, after adding trillions to their collective fortunes in the previous two years, Forbes magazine has reported. According to its estimates, American billionaires were the hardest hit – losing $660 billion collectively amid the plunge in tech stock prices due to rising interest rates, soaring inflation and a worsening economy. The report highlighted that Tesla and Twitter CEO Elon Musk saw his fortune diminish the most. Musk’s net worth nosedi

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