Trump Tariffs Shake the World! Top Billionaires Lose $208 Billion in a Single Day

Trump Tariffs Shake the World!
Top Billionaires Lose $208 Billion in a Single Day

Former U.S. President Donald Trump’s new round of tariff measures has sent shockwaves through global markets. In just one day, the world’s 500 richest individuals lost a staggering $208 billion — equivalent to 7 trillion baht, according to the Bloomberg Billionaires Index.

This marks the fourth-largest single-day loss in the index’s 13-year history, and the biggest since the peak of the COVID-19 pandemic.

💸 Billionaires Who Took the Biggest Hit:
- Mark Zuckerberg (Meta)
Lost $17.9 billion (~600 billion baht) as Meta shares fell 9%.
Once a top performer in the “Magnificent Seven,” Meta has now seen a sharp downturn after peaking earlier this year.
- Jeff Bezos (Amazon)
Lost $15.9 billion (~540 billion baht) after Amazon shares plunged 9%, marking the steepest drop since April 2022.
- Elon Musk (Tesla)
Has lost $110 billion so far this year, including $11 billion on the day of the announcement.
Despite Tesla producing primarily in the U.S., Musk’s involvement in the new administration has led to market uncertainty.
- Bernard Arnault (LVMH)
Lost $6 billion (~200 billion baht) as luxury stocks in Europe dropped amid concerns over a new 20% U.S. tariff on European goods.
- Zhang Congyuan (Huali Group, China)
Lost $1.2 billion (~40 billion baht) after a 34% tariff hike on Chinese imports sent Huali shares tumbling.
Major footwear brands like Nike, Adidas, and Lululemon — which rely on Southeast Asian manufacturing — also saw significant stock declines.

🧨 Global Markets on High Alert
Investors worldwide are now bracing for broader repercussions. Analysts fear that Trump’s tariffs will not only hurt billionaires but also destabilize global trade, supply chains, and cross-border investment.

Bloomberg notes this sell-off may not be the bottom, especially if more tariffs are introduced or retaliatory measures emerge from affected countries.