The richest 400 people lose USD 127 billion in a day

Source: Tanjug Monday, 27.06.2016. 09:22
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The decision of Britons to leave the EU has caused great commotion in all global capital markets of the world, and in just one day, the 400 richest people in the world lost USD 127.4 billion, the agency Bloomberg estimates.

The rich Britons lost “only” USD 5.5 billion, the agency estimates.

Due to Brexit, the European markets recorded the sharpest fall since 2008. The pound dropped to its record low, not seen since Margaret Thatcher was prime minister.

Bloomberg's billionaire index shows that billionaires have lost 3.2% of the capital, estimated at USD 3.9 thousand billion, due to Brexit. Among the European billionaires, the biggest losses have been recorded by Amancio Ortega, the richest man in Europe, who has lost six billion dollars.

Many other multi-billionaires had great losses due to Brexit. The first men in Microsoft and Amazon, Bill Gates and Jeff Bezos lost a billion dollars each, which is also the amount lost by the richest Briton, Gerald Cavendish, reports Sputnik.

Brexit hasn't impacted rich men in Britain too much – 15 of them lost a total of “only” USD 5.5 billion. Co-owner of the brokerage firm Hargreaves Lansdown Peter Hargreaves lost no more than USD 2.9 billion, which is 19% of his wealth.

Hargreaves is otherwise a huge supporter of Brexit and he donated GBP 3.2 billion to the campaign for Great Britain's exit from the EU.

He shows no remorse and says that he is ready to work together with the new British government on reshaping the economy after Britain's exit from the Union.

- I have enormous experience of business, enormous experience of negotiation, enormous experience of economics, and I'm one of Britain's most successful businessmen. If they don't involve me, they're crazy – said Hargreaves.

Richard Branson, supporter of Britain's staying in the Union, has come to terms with the decision of his fellow Britons, but also emphasized that the British “determination, resolve and sense of what is right” would be necessary “over the testing months and years to come”.

Companies:
Bloomberg SAD Bloomberg SAD
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