Bad Start To Q3 — World's Biggest And Wealthiest Have Lost Nearly 10% Since July 1
For many, the third quarter of the year is a time of reassessment and strategy readjustment. For the ultra-wealthy, the third quarter started on somewhat of a turbulent note.
Titans of industry, the billionaires who grace the headlines of financial newspapers every day, have seen some shifts in their fortunes since July 1.
We used the fluctuation of share prices, along with Bloomberg Billionaires Index to get an idea of exactly how much the net-worth of the world's richest has shifted since the beginning of the quarter.
The Scoreboard: Winners And Losers Of Q3
| Name | Company | Share Price Change From July 1 | Net Worth |
| Elon Musk | Tesla Inc | -11.93% | $216 Billion |
| Jeff Bezos | Amazon.com, Inc | +1.33% | $159 Billion |
| Bill Gates | Microsoft Corporation | -5.93% | $126 Billion |
| Larry Ellison | Oracle Corp | -5.14% | $129 Billion |
| Mark Zuckerberg | Meta Platforms Inc | -0.01% | $105 Billion |
| Larry Page | Alphabet Inc | +7.77% | $116 Billion |
| Warren Buffett | Berkshire Hathaway Inc | +3.95% | $118 Billion |
| Sergey Brin | Alphabet Inc | +7.77% | $110 Billion |
| Jim Walton | Walmart Inc | -0.03% | $71.2 Billion |
It's not all bad, though. Here's how they've fared since the beginning of the year.
Read also: Elon Musk, Tesla Expected To Dish Out Payments To Investors Over ‘Funding Secured’ Tweet
Name
Company
YTD Change
Elon Musk
Tesla Inc
+$79.2 Billion
Jeff Bezos
Amazon.com, Inc
+$51.6 Billion
Bill Gates
Microsoft Corporation
+$17.0 Billion
Larry Ellison
Oracle Corp
+$37.5 Billion
Mark Zuckerberg
Meta Platforms Inc
+$59.8 Billion
Larry Page
Alphabet Inc
+$32.9 Billion
Warren Buffett
Berkshire Hathaway Inc
+$10.4 Billion
Sergey Brin
Alphabet Inc
+$30.6 Billion
Jim Walton
Walmart Inc
+$7.33 Billion
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