Warren Buffett says these are the very best businesses to own — 3 high-quality examples from Berkshire’s portfolio

TheStreet.com

These Five Billionaires Fortunes Sank By $300 Billion

Five billionaires lost a total of $300 billion recently as their fortunes plummeted during the recent market downturn, according to the Bloomberg Billionaires Index, which is a daily ranking of the world’s richest people. The billionaires who lost the most amount of net worth include the world’s three richest men, Elon Musk, Jeff Bezos and Bernard Arnault, who is the CEO of luxury goods retailer LVMH Mo?t Hennessy . Meta Platforms CEO Mark Zuckerberg and Changpeng Zhao, CEO of Binance, a cryptocurrency exchange, saw their fortunes decline by $135 billion.

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