The net asset loss of the world's top 500 billionaires during this week's US stock market crash reached $536 billion, setting a historical record

According to The Kobeissi Letter citing Bloomberg data, the world's richest 500 people have just experienced the largest two-day net asset loss in history. Between April 3rd and 4th, these individuals suffered a net asset loss of $536 billion. This figure has increased by $83 billion compared to March 11th and 12th, 2020.