There is a tremendous panic in the world of billionaires. The way Trump is using tariff weapons. Its impact is also being seen on the stock market of America. On Thursday, the US stock market has seen a decline of nearly two percent. Due to which there has been a tremendous decline in the wealth of many musclemen of the world. Where Allen Musk's wealth has fallen by $ 11 billion. On the other hand, Mark Zuckerberg's net worth has seen a decline of about $ 10 billion. Jeff Bezos, Bernard Arnault, Steve Balmer, Michael Dell are all big businessmen or say that are the billionaires whose net worth has come down badly.

If we talk about the world's richest businessman, then in the current year there has been a decline of more than $ 100 billion. Surprisingly, the world's 16th richest businessman Jenson Huang's net worth is not currently $ 100 billion. Out of the top 20 billionaires in the world, only four billionaires i.e. 4 percent of the wealth have been increased. In which only one American Bill Gates, one Mexican Carlos Slim, a French businessman Frankoy Bettoncort Mayors and an Indian i.e. Mukesh Ambani's wealth have been increased. According to the Bloomberg Billioniers Index, there has been an increase in the wealth of 300 billionaires of the world. Whereas there are 33 billionaires whose wealth increased zero. While there are 167 billionaires whose net worth appeared completely.

The wealth of the top billionaires of the world declines

1. Alan Musk's wealth saw the highest decline of $ 10.9 billion. After which his total net worth is reduced to $ 330 billion. By the way, in the current year, his total wealth has seen a decline of $ 102 billion.
2. Jeff Bezos's net worth saw a decline of $ 6.70 billion. After which his total net worth is reduced to $ 222 billion. By the way, in the current year, his total wealth has seen a decline of $ 16.7 billion.
3. Mark Zuckerberg's net worth saw a decline of $ 9.71 billion. After which his total net worth is reduced to $ 222 billion. By the way, in the current year, his total wealth has seen an increase of $ 14.4 billion.
4. Bernard Arnault's net worth saw a decline of $ 2.68 billion. After which his total net worth is reduced to $ 188 billion. By the way, in the current year, his total wealth has seen an increase of $ 12.1 billion.
5. Larry Ellison saw a decline of $ 9.59 billion. After which his total net worth is reduced to $ 173 billion. By the way, in the current year, his total wealth has seen a decline of $ 19.3 billion.
6. Warren Buffett saw a decline of $ 139 million. After which his total net worth is reduced to $ 156 billion. By the way, in the current year, his total wealth has seen an increase of $ 13.7 billion.
7. Larry Page's net worth saw a decline of $ 265 million. After which his total net worth is reduced to $ 156 billion. By the way, in the current year, his total wealth has seen a decline of $ 12.6 billion.
8. Safi Brin's net worth saw a decline of $ 226 million. After which his total net worth is reduced to $ 147 billion. By the way, in the current year, his total wealth has seen a decline of $ 11.7 billion.
9. Steve Ballmer saw a decline of $ 1.27 billion. After which his total net worth is reduced to $ 139 billion. By the way, in the current year, his total wealth has seen a decline of $ 7.64 billion.
10. Jim Walton's net worth saw a decline of $ 905 million. After which his total net worth is reduced to $ 117 billion. By the way, in the current year, his total wealth has seen an increase of $ 4.52 billion.
11. Rob Walton's net worth saw a decline of $ 860 million. After which his total net worth is reduced to $ 114 billion. By the way, in the current year, his total wealth has seen an increase of $ 4.44 billion.
12. Alice Walton saw a downward of $ 885 million. After which his total net worth is reduced to $ 114 billion. By the way, in the current year, his total wealth has seen an increase of $ 4.51 billion.
13. Amansia Ortega's net worth saw a decline of $ 1.22 billion. After which his total net worth is reduced to $ 107 billion. However, in the current year, his total wealth has seen an increase of $ 5.59 billion.
14. Michael Dell saw a decline of $ 3.57 billion. After which his total net worth is reduced to $ 104 billion. By the way, in the current year, his total wealth has seen a decline of $ 20 billion.
15. Jenson Huang saw a decline of $ 3.02 billion. After which his total net worth has been reduced to $ 97.1 billion. By the way, in the current year, his total wealth has seen a decline of $ 17.2 billion.
16. The net worth of Julia Flapers and Coach Family saw a decline of $ 465 million. After which his total net worth is reduced to $ 73.8 billion. By the way, in the current year, his total wealth has seen an increase of $ 748 million.

Big decline in US stock market

The US stock market declined a steep decline due to selling in Wall Street on Thursday and uncertainty about the fee and economy by President Donald Trump. Dow Jones Industrial Average declined by 427 points or one percent and the Nasdaq composite broke 2.6 percent. It fell more than 10 percent from its highest record set in December.

Why the decline came

The shares declined despite President Trump's offer to offer a month offer on several items imported from Mexico and Canada on a 25 percent fee. However, earlier, he had specifically announced a one -month discount for vehicle makers, then the stock market had risen. All steps hopes that Trump fees are used as a tool for dialogue rather than permanent policy and in the end they can avoid the worst trade war, which will damage economies and increase inflation.

But Trump is still insisting on advancing other fees to be implemented from April 2. … And the pull on the fee is increasing uncertainty. On Monday, Trump had said that there is no space left for negotiations to reduce the fees on Mexico and Canada. Trump's fee order on these two countries has become effective from Tuesday.