... [+] Photographer: Christophe Morin/Bloomberg © 2017 Bloomberg Finance LPMounting market losses amid the Coronavirus pandemic have wiped out $293 billion from the fortunes of the world's 20 richest people in just over a month, Forbes calculates. Monday alone accounted for $68 billion in losses as the S&P and Dow plunged 12% and 13%, respectively. His fortune has plunged $29.6 billion since February 13 to $79.9 billion on Monday, after crossing the $100 billion mark in 2019. LVMH stock is down nearly 30% over the past month, falling nearly in tandem with the broader market in France. Monday’s biggest loser was Facebook cofounder and CEO Mark Zuckerberg, who shed $8.8 billion after Facebook shares plunged more than 14%.

Source: Forbes March 17, 2020 00:00 UTC