The world’s 500 richest people suffered the biggest two-day loss ever on the Bloomberg Billionaires Index as fallout from President Donald Trump’s tariff announcement decimated markets across the globe.
Billionaires on the wealth list lost a collective $US536 billion ($887 billion) from Thursday’s New York stock market open to Friday’s close as the S&P 500 Index dropped 10.5 per cent over the two days and the Nasdaq Composite fell 11.4 per cent.
