Saturday, January 22, 2022

g-f(2)845 THE NEW WORLD NEWS (1/22/2022), Bloomberg, Bezos Loses $20 Billion in Brutal Week for Tech Billionaires

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"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital ageThe New World News, Billionaires (1/22/2022)  g-f(2)426 

Lessons learned, Bloomberg

Brutal Week for Tech Billionaires

    • It was a painful week for billionaires as everything from e-commerce to cryptocurrencies to online gaming tumbled. Markets fell by the most since the outbreak of the pandemic as the specter of interest rate hikes by the Federal Reserve settled over the economy.
    • Jeff Bezos shed $20 billion from his fortune. Changpeng Zhao of Binance dropped $17.7 billion, while Mark Zuckerberg’s wealth fell $10.4 billion.
    • Elon Musk, the world’s richest person, saw his net worth drop by $25.1 billion -- or more than 9% -- this week.

        Genioux knowledge fact condensed as an image

        Scott Carpenter

        Reporter and analyst (contract-based) at Bloomberg News, working on the wealth team and updating the Bloomberg Billionaires Index. Previously published in Forbes and the Economist. Email me here:

        Extra-condensed knowledge

        Lessons learned, Bloomberg

        Golden Knowledge (GK) juice

        • Cryptocurrency prices were one of the biggest casualties, with Bitcoin plumbing six-month lows and other digital assets also taking a beating. Zhao, the chief executive officer of crypto exchange Binance, is now worth $75 billion, according to the Bloomberg Billionaires Index. 
        • Of the world’s 10 wealthiest people, only one avoided losing money this week: French luxury fashion mogul Bernard Arnault, who’s on the cusp of re-taking the no. 2 spot in the Bloomberg index from Bezos. 

        Condensed knowledge

        Learned lessons, Bloomberg

        Bloomberg Billionaires Index 

        (As of January 22, 2022)

        Golden Knowledge (GK) juice

        • The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. Details about the calculations are provided in the net worth analysis on each billionaire’s profile page. The figures are updated at the close of every trading day in New York.
          1. Elon Musk, $243B, Technology, United States
          2. Jeff Bezos, $168B, Technology, United States
          3. Bernard Arnault, $167B, Consumer, France
          4. Bill Gates, $129B, Technology, United States
          5. Larry Page, $117B, Technology, United States
          6. Mark Zuckerberg, $113B, Technology, United States
          7. Sergey Brin, $112B, Technology, United States
          8. Warren Buffett, $111B, Diversified, United States
          9. Steve Ballmer, $106B, Technology, United States
          10. Larry Ellison, $101B, Technology, United States

        Some relevant characteristics of this "genioux fact"

        • Category 2: The Big Picture of the Digital Age
        • [genioux fact deduced or extracted from Bloomberg]
        • This is a “genioux fact fast solution.”
        • Tag Opportunities those travelling at high speed on GKPath
        • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
        • Type of validity of the "genioux fact". 

          • Inherited from sources + Supported by the knowledge of one or more experts.


        “genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)845, Fernando Machuca, January 22, 2022, Corporation.


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