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Second and third were French businessman Bernard Arnault and American investor Warren Buffett, whose fortunes dropped by $4.5 billion apiece.
According to Bloomberg, the losses were “equally distributed across sectors,” though American billionaires were hit hardest with $54.5 billion in losses.
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The swings continued Thursday, as the Dow rose and plunged throughout the day. As of 12:40 p.m., it was down 107 points.
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