Elon Musk, Jeff Bezos among billionaires who lost $208 billion in one day after Trump tariffs

Global billionaires lost a combined $208 billion in a single day after Trump’s tariff announcement rattled markets—the fourth-largest drop in Bloomberg Billionaires Index history. Over half saw declines averaging 3.3%, with US billionaires hit hardest. Carlos Slim gained as Mexico was spared, and the Middle East was the only region to post net wealth gains.