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STOCKS TURN HIGHER WITH COMPANY EARNINGS ROLLING IN

Fed's Powell: Will take 'longer than expected' to reach confidence on inflation

The World's Richest Person Just Lost $11 Billion in a Single Day. Here's How

Jon Quast, The Motley Fool
·4 min read
The World's Richest Person Just Lost $11 Billion in a Single Day. Here's How

Elon Musk, Jeff Bezos, Bill Gates, and Warren Buffett are among the world's most well-known billionaires. With $11 billion, Arnault could have purchased the NFL's Washington Commanders, Beyonce and Jay-Z's new California home, a ticket to space with Virgin Galactic, the Hope Diamond, and still had billions of dollars left over. Don't feel too bad for Arnault -- what lowered his net worth is the same force that made him the world's richest person.

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