The conflict between the US and Iran continues, and the resulting increase in global tensions has resulted in a decline in stock markets around the world. As markets crashed—which also sent shares of big companies falling—the net worth of the world’s top 10 billionaires also took a big hit. If we look at the data of the last 24 hours, from Elon Musk to Jeff Bezos, and from Mark Zuckerberg to Bernard Arnault—all these tycoons have suffered huge financial losses.
These billionaires suffered the most loss
A look at the updated “Top 10 Billionaires by Net Worth” list on the Bloomberg Billionaires Index shows that two people on the list have suffered the most. The first among them is Mark Zuckerberg, whose net worth decreased by $8.49 billion, bringing his total wealth down to $217 billion. Zuckerberg—who is currently the fifth richest person in the world—has lost a total of $16 billion so far this year.
Huge loss to French billionaire
Another member of the top 10 list, French billionaire Bernard Arnault, has also suffered huge losses so far in 2026; His wealth of $53.1 billion is almost gone. In the last 24 hours, his wealth decreased by $7.57 billion, bringing it down to $155 billion.
Musk and Bezos also suffer loss
Elon Musk—the world’s richest man and owner of companies like Tesla and SpaceX—also suffered losses; His net worth dropped by $2.73 billion to $658 billion. Apart from this, Jeff Bezos’s net worth also decreased by $2.12 billion, bringing his total wealth down to $232 billion.
There was a huge decline in the wealth of these billionaires
Larry Page, who topped the billionaires list, saw his wealth decline by $1.53 billion, while Sergey Brin’s net worth declined by $1.44 billion; After this their wealth remained at $260 billion and $241 billion respectively. Larry Ellison, ranked sixth on the list, suffered a loss of $4.63 billion, reducing his wealth to $205 billion. NVIDIA owner Jensen Huang lost $2.41 billion, reducing his total net worth to $149 billion. Of those on this list, only Rob Walton and Jim Walton were able to turn a profit. Bill Gates also lost $843 million.
Ambani and Adani also got a shock
The wealth of Indian billionaires Mukesh Ambani and Gautam Adani—who both feature in the list of the world’s 25 richest people, according to the Bloomberg Billionaires Index—also saw a significant decline. Reliance Chairman Mukesh Ambani’s net worth declined by $1.17 billion to $91.2 billion, while Adani Group Chairman Gautam Adani’s net worth declined by $1.84 billion to $76 billion.
