You won't believe how much the US ultra-rich said goodbye to last year
A slew of America's wealthiest people saw their finances take a hammering last year. Net worths dwindled as rampant inflation, rising interest rates and other economic headwinds pounded stocks, with poor leadership and even alleged “fraud of epic proportions” key factors in certain cases.
According to the Bloomberg Billionaires Index, the world's 500 wealthiest individuals bid farewell to a staggering $1.4 trillion (£1.2tn) last year. US billionaires, particularly tech tycoons, were hit the hardest, with hundreds of billions of dollars wiped off their fortunes. Read on to see the super-rich Americans who lost the most money in 2022.
All dollar values in US dollars.
Daniel Coughlin
08 January 2023
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