Breaking News: BILLIONS of dollars have been wiped off the fortunes of top American billionaires after Donald Trump began his blistering global trade war….See More 👇

The world’s 500 richest people lost a whopping $536bn in the first two days of Trump’s Liberation Day tariffs – with Elon Musk and Mark Zuckerberg taking the biggest hits.

Many of the world’s top billionaires who lined up together in a rare spectacle for Trump’s inauguration have seen their wealth shrink.

This includes the world’s richest man and Trump’s top advisor Elon Musk, who has lost a staggering $31billion after the president announced his sweeping tariffs.

Tesla shares fell by almost 5% on Wall Street yesterday.

And as Tesla faced severe backlash across the US and Europe, Musk’s estimated wealth tanked by a whopping $130billion so far this year.

However, he still sits at the top of the billionaires list as the world’s richest person with a total net worth of $302billion.

Meanwhile, Mark Zuckerberg suffered the second biggest loss after his net worth was slashed by a whopping $27billion.

Meta stocks plunged over 14% in the two days of trading last week but rose by 1% on Monday.

Amazon founder Jeff Bezos, who is set to marry bombshell supermodel Lauren Sánchez in Venice this summer, also saw his fortune tank by $23.5bilion.