A Blog That Covers The Lifestyles, Business Interests, And Wealth Of The World's Billionaires
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.
Read more ....
Editor: Some of these individuals may have lost billions .... but I am sure that they will survive.
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