Status of 100 richest people declined due to COVID-19

The state of the world’s 100 richest people fell by a total of $408 billion in two months with the COVID-19 pandemic. The data is cited by the Shanghai Hurun Institute for Research. The French billionaire Bernard Arnault, president of the LVMH Moet Hennessy Louis Vuitton Group, suffered the biggest losses. He lost about $30 billion.