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Stock impact report

Billionaires Lose Combined $208 Billion in One Day From Trump Tariffs [Yahoo! Finance]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Metro-North Is Faster Than Acela on NYC-New Haven Route After Signal Updates Housing Agency Aims to Relocate Its DC Headquarters Local Governments Vie for Fired Federal Workers London Clears Final Hurdle for More High-Speed Trains to Europe What Would ‘Transportation Abundance' Look Like? The drop is the fourth-largest one-day decline in the Bloomberg Billionaires Index's 13-year history, and the largest since the height of the Covid-19 pandemic. More than half of those tracked by Bloomberg's wealth index saw their fortunes tumble, with an average decline of 3.3%. Billionaires in the US were among the hardest hit, with Meta Platforms Inc.'s Mark Zuckerberg and Amazon.com Inc.'s Jeff Bezos leading the way. Carlos Slim, Mexico's richest man, was among a small group of billionaires outside the US who escaped the tariffs' impact. The Mexican Bolsa rose 0.5% after the country was excluded from the White House's list of reciprocal tariff targets, pu Show less Read more
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