US President Donald Trump, Industrialist Alan Musk
On August 1, the decision of the US President to implement new rates of tariffs on more than 70 countries around the world was seen on the US market. According to Indian time, when Wall Street opened in the evening, it has seen a terrible selling. The major index of the market, Dou Jones, S&P 500 and Nesdac saw a decline. Dow Jones fell 542.40 points to 43,588.58 on the last trading day of the week, and NESDEC closed around 2.50 percent and S&P 500, 101.38 points. Meanwhile, the property of American businessman also suffered a lot. The net worth ranging from Alan Musk to Zuckerberg has decreased significantly in a single day.
According to the Bloomberg Billionaire Index, the world’s richest man Alan Musk’s Dautal also saw a decrease on Friday. His total net worth fell by $ 4 billion to $ 352 billion in a single day. At the same time, there has been a decrease in the Dautal of other veteran businessmen of America like Larry Alison, Mark Zuckerberg and Jeff Bezos. Larry’s net worth is reduced by about 10 billion and Mark Zuckerberg has lost $ 8 billion in a day. Apart from this, Jeff Bojos is the most strong shock. The decision of the US President’s tariff gave him the most dent. In a single day, about 18 bills of dollars decreased net worth.
The news is being updated…