$74 Billion Wiped Out Since Tariff Declaration — See How Much The Billionaires Lost - Alphabet (NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN)
1. Market turmoil from new tariffs shrank wealth of world's richest by $74 billion. 2. S&P 500 dropped nearly 5%; Nasdaq plunged 6% amid economic uncertainty. 3. Jeff Bezos's wealth fell by $15.9 billion, reflecting AMZN's vulnerability. 4. Tariffs might lead to broader economic implications affecting average investors. 5. Wealth loss highlights the impact of policy changes on market stability.