The second wave of the Coronavirus pandemic is killing the US economy and the world. Mark Zuckerberg loses $2.8 billion in a single day The US market was hit hard on Monday, with 10 rich people with deep pockets losing nearly $14 billion in a single day, Forbes reports.
The Dow Jones Industrial Average fell 659 points on Monday, while the Nasdaq composite fell 1.6%. The drop in COVID-19 is a direct result of the increasing incidence in new cases. Due to delays in the second stimulus plan, things that seem to be coming before December seem suspicious to most American businesses.
It was not a good Monday for many people, one day’s loss affected Facebook CEO Mark Zuckerberg, he lost $2.8 billion in one day.
Bill Gates’ list has a loss of $1.7 billion. According to Forbes, its total value is still more than $115 billion.
Other billionaires on the list include Elon Musk and Warren Buffett, who also won. This may come as a surprise, but Amazon CEO Jeff Bezos actually increased his fortune on Monday and saw an increase in his wealth, Forbes reports.