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Mark Zuckerberg lost $ 3 billion this week

The richest 500 people in the world lost $ 107 billion this week, more than the total market cap of Goldman Sachs Group Inc. or Lockheed Martin Corp. The wealth of US billionaires fell the most, with a combined decline of $ 34 billion. Chinese tycoons have seen $ 16 billion wiped out.

The Dow Jones Industrial Average slipped around 3.5% this week as President Donald Trump called for a trade war and Federal Reserve Chairman Jerome Powell fueled speculation the central bank was considering accelerate the pace of monetary tightening.

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