Trump buddy Elon Musk among biggest losers after reciprocal tariff news, richest 500 lose $208 bn. Who lost the most?

Donald Trump’s aide and DOGE leader Elon Musk was in the third position on a list of billionaires who lost wealth after the president’s tariff announcements, while Meta CEO Mark Zuckerberg led the parade.

The Trump tariffs, which swept countries and sent shockwaves across global markets after being announced on April 2, have come at a cost to the world’s richest billionaires.