Bad Start To Q3 — World's Biggest And Wealthiest Have Lost Nearly 10% Since July 1

For many, the third quarter of the year is a time of reassessment and strategy readjustment. For the ultra-wealthy, the third quarter started on somewhat of a turbulent note.

Titans of industry, the billionaires who grace the headlines of financial newspapers every day, have seen some shifts in their fortunes since July 1.

We used the fluctuation of share prices, along with Bloomberg Billionaires Index to get an idea of exactly how much the net-worth of the world's richest has shifted since the beginning of the quarter.

The Scoreboard: Winners And Losers Of Q3

Name	Company	Share Price Change From July 1	Net Worth
Elon Musk	Tesla Inc	-11.93%	$216 Billion
Jeff Bezos	Amazon.com, Inc	+1.33%	$159 Billion
Bill Gates	Microsoft Corporation	-5.93%	$126 Billion
Larry Ellison	Oracle Corp	-5.14%	$129 Billion
Mark Zuckerberg	Meta Platforms Inc	-0.01%	$105 Billion
Larry Page	Alphabet Inc	+7.77%	$116 Billion
Warren Buffett	Berkshire Hathaway Inc	+3.95%	$118 Billion
Sergey Brin	Alphabet Inc	+7.77%	$110 Billion
Jim Walton	Walmart Inc	-0.03%	$71.2 Billion

It's not all bad, though. Here's how they've fared since the beginning of the year.

Read also: Elon Musk, Tesla Expected To Dish Out Payments To Investors Over ‘Funding Secured’ Tweet

Name	Company	YTD Change
Elon Musk	Tesla Inc	+$79.2 Billion
Jeff Bezos	Amazon.com, Inc	+$51.6 Billion
Bill Gates	Microsoft Corporation	+$17.0 Billion
Larry Ellison	Oracle Corp	+$37.5 Billion
Mark Zuckerberg	Meta Platforms Inc	+$59.8 Billion
Larry Page	Alphabet Inc	+$32.9 Billion
Warren Buffett	Berkshire Hathaway Inc	+$10.4 Billion
Sergey Brin	Alphabet Inc	+$30.6 Billion
Jim Walton	Walmart Inc	+$7.33 Billion

Photo: Shutterstock

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Bad Start To Q3 — World's Biggest And Wealthiest Have Lost Nearly 10% Since July 1

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