Swooning markets Thursday cost the world’s 500 richest people US$93 billion in net worth, and 20 of them lost at least US$1 billion each.
Jeff Bezos, the world’s richest person, saw his fortune drop by US$5.3 billion to US$113.2 billion, according to the Bloomberg Billionaires Index, as his Amazon.com Inc tumbled 4.7 per cent on the day. Berkshire Hathaway chairman Warren Buffett’s wealth dropped US$3.5 billion and Facebook’s Mark Zuckerberg lost US$3.4 billion.
Elon Musk came back to Earth, dropping US$1.1 billion in net worth after his Space Exploration Technologies successfully launched a Tesla sports car on a journey around the sun. Shares of Tesla, which he also leads, plunged 8.6 per cent.
The Dow Jones Industrial Average and S&P 500 Index both tumbled to their lowest levels since November as fears of rising interest rates and inflation intensified.
HOW TO WATCH
Facebook: TheNationalNews
Twitter: @thenationalnews
Instagram: @thenationalnews.com
TikTok: @thenationalnews
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
Brief scoreline:
Burnley 3
Barnes 63', 70', Berg Gudmundsson 75'
Southampton 3
Man of the match
Ashley Barnes (Burnley)
