Sunday, January 3, 2016

Not A Good Year For The World's Richest Billionaires



Bloomberg: The World's Richest People Got Poorer This Year

 * Ortega chases Gates as planet's five richest shuffle positions
 * Soaring Bezos doubles wealth, Wal-Mart heirs lose $35 billion

The richest people on Earth became a bit poorer this year.

The world’s 400 wealthiest individuals shed $19 billion in 2015, according to the Bloomberg Billionaires Index.

Falling commodities prices and signs of a slower-growing China spooked investors around the world leading to the first annual decline for the daily wealth index since its 2012 debut.

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Editor: Some of these individuals may have lost billions .... but I am sure that they will survive.

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