Outlook Business Desk
Jeff Bezos, founder and former CEO of Amazon is one of the world top billionarie but after the Trump's recent tariff announcements, Amazon stocks drop 9%. As a result Jeff Bezos net worth shrink by $15.9 billion in just one day.
Tesla CEO and DOGE advocate Elon Musk has lost $110 billion this year, including $11 billion in a day, as Tesla’s stock dropped 5.5% due to slow sales .
Carvana CEO and Co founder Ernest Garcia III wealth shrink by $1.4 billion after the company’s stock plunged 20%. Carvana is known for its online used car sales had skyrocketed 425% in the past year but has now fallen 36% since mid-February.Bernard Arnault
Bernard Arnault CEO Of LVHM, lost $6 billion after Trump's new tariff announcement results a drop in LVMH shares. The high-end fashion and retail empire which owns brands like Dior and Bulgari's shares dropped in Paris after the 20% US tariff on European exports was announced.
Larry Ellison is the chairman, chief technology officer and co founder of software giant Oracle, lost $9.9 billion after Trump’s tariff announcement sent Oracle’s stock down 6%.
Jensen Huang Co-founder and CEO OF Nvidia’s, lost $7.4 billion after the Trump’s new tariffs announcement sent Nvidia’s stock down 7.8%. His net worth now stands at $89.3 billion.
Michael Dell, the founder and CEO of Dell Technologies, lost $9.53 billion after Trump’s tariff announcement caused Dell’s stocks drop nearly 22%.