World’s Wealthiest Suffer $134 Billion Loss in Stock Market Decline

The sell-off was triggered by investor concerns over weak jobs data and manufacturing activity. The world's 500 wealthiest people lost a combined $134 billion as fears of another recession in the US led to a stock market sell-off on worries over jobs data and weak manufacturing activity around the world. The hilarious thing about this is just days before it happened, Dementia Joe Biden boasted, "I cured the economy."

More information: https://www.thenationalnews.com/business/markets/2024/08/03/worlds-richest-lose-134bn-as-us-recession-fears-spark-wall-street-rout/