Asia's wealthiest individuals experienced a significant decline in their fortunes on Monday, triggered by market downturns following President Trump's tariff announcements. The region's top 20 billionaires collectively lost $45.9 billion, with notable losses for Pony Ma, Gautam Adani, and Robin Zeng. This downturn extends last week's selloff, where the world's richest saw a substantial decrease in wealth.
Asia's wealthiest individuals experienced a significant decline in their fortunes on Monday, triggered by market downturns following President Trump's tariff announcements. The region's top 20 billionaires collectively lost $45.9 billion, with notable losses for Pony Ma, Gautam Adani, and Robin Zeng. This downturn extends last week's selloff, where the world's richest saw a substantial decrease in wealth.