Mark Zuckerberg named Forbes biggest billionaire losers of 2018December 22, 2018 - 17:17 AMT PanARMENIAN.Net - It was a turbulent year for many investors around the world, as stock markets were shaken by events from Brexit to U.S.-China trade tensions. Amid the uncertainty, many billionaire fortunes shrunk in size. The biggest loser in the world was Facebook CEO Mark Zuckerberg, who had a terrible year amid internal scandals and damaging publicity. He was the only American among the ten biggest billionaire losers, half of whom were from Asia. Still, there were plenty of billionaires whose fortunes bucked the downward trend - Forbes calculated the biggest gainers and winners in absolute dollar terms.' Bill Gates and Steve Ballmer were up a combined $6.3 billion, thanks to a higher Microsoft stock price. Several Russians grew richer as profits rose at their oil and gas firms. But the year’s biggest gainer by a vast margin was Amazon founder and CEO Jeff Bezos, whose fortune calimbed nearly $28 billion to $126.2 billion between December 29, 2017 and December 17, 2018, the dates Forbes used to measure fortunes for the article. Bezos was worth even more in early September, when his fortune peaked at $167 billion. Altogether the ten biggest gainers in the world added a total of $64 billion to their fortunes in the past 12 months. That was much less of an increase than in 2017, when the combined fortunes of the top ten winners jumped by $204 billion. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. |