World's richest people lost $305 billion in 2016

The world's 400 richest people lost $305 billion from their combined net worth this month as global equities tumbled for the worst start to a year on record amid concerns over faltering global growth. Amazon founder Jeff Bezos lost $8.9 billion and Bill Gates lost $6.8 billion since January 1. However, Reliance Industries chairman Mukesh Ambani gained $620 million.

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