World billionaires losing billions every day amid Israel-Hamas war

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Amid the ongoing war between Israel and Hamas, the world’s billionaires are losing billions of dollars every day as many investors are pulling out their investments due to uncertainty.

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Today, six out of the top 10 billionaires in the world have lost billions of dollars.

List of top 10 world billionaires

The world’s richest person, Elon Musk, lost 2.9 billion, while Amazon’s Jeff Bezos lost 7.1 billion.

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Name Net worth (in USD) Change in net worth (in USD) Country
Elon Musk 225.5 billion -2.9 billion United States
Bernard Arnault & family 178.5 billion -377 million France
Jeff Bezos 144.3 billion -7.1 billion United States
Larry Ellison 129.3 billion -2.1 billion United States
Warren Buffett 112.9 billion -840 million United States
Bill Gates 110 billion +1.4 billion United States
Mark Zuckerberg 106.3 billion -4.5 billion United States
Larry Page 106.2 billion -10.4 billion United States
Steve Ballmer 103 billion +2.4 billion United States
Sergey Brin 102.1 billion -9.8 billion United States

Net worth of Indian billionaires Mukesh Ambani, Gautam Adani fall

Today, India’s richest person, Mukesh Ambani, has lost 935 million, whereas Gautam Adani lost 2.3 billion.

In terms of percentage, Adani lost 4.53 percent of his net worth in a single day. Among world billionaires, Adani saw one of the highest losses in net worth today.

Name Net worth (in USD) Change in net worth (in USD) Percentage change in net worth
Mukesh Ambani 86.9 billion -935 million -1.06
Gautam Adani 48 billion -2.3 billion -4.53
Shiv Nadar 28.3 billion -104 million -0.37
Savitri Jindal & family 24.2 billion -131 million -0.54
Cyrus Poonawalla 20.5 billion -19 million -0.09

Israel-Hamas war

On Thursday, the Israel Defense Forces (IDF) claimed to have destroyed several tanks inside the besieged Gaza Strip.

In a statement, the IDF said it moved in and fired at the Hamas outposts in Gaza on Wednesday night, destroying many tanks and missile launching capabilities.

Earlier, Prime Minister Benjamin Netanyahu clearly stated that the entry of the Israel armed forces into the Gaza Strip is imminent, and the ground assault will commence soon.

Given the prevailing situation in the Middle East, the world’s billionaires are likely to lose more in the coming days.

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