Warren Buffett, the world's third-richest person, lost $11.3 billion as Berkshire Hathaway Inc. had its first negative annual return since 2011.
The world's 400 wealthiest individuals shed $19 billion in 2015, according to the Bloomberg Billionaires Index.
Falling commodities prices and signs of a slower-growing China spooked investors around the world leading to the first annual decline for the daily wealth index since its 2012 debut.
Monthly Plan RM 13.90/month
RM 9.04/month
Subscribe Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.
Best Value
Annual Plan RM 12.33/month
RM 8.02/month
Subscribe Billed as RM 96.20 for the 1st year, RM 148 thereafter.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
