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Warren Buffett turned out to be the only billionaire among the top ten richest people who did not lose money, but on the contrary, benefited from the market downturn.
Markets are experiencing the largest drop since 2022. Since February 20, the S&P 500 index has lost $4.5 trillion in market capitalization, while the American technology sector lost $1.9 trillion in one day after comments by Donald Trump about a possible recession. The cryptocurrency market also fell by $1.3 trillion in the last three months.