Mark Zuckerberg, Jeff Bezos and Jack Ma lose $16bn in one day amid US North Korea war of words

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Technology founders Mark Zuckerberg, Jeff Bezos and Jack Ma saw a combined $15.5bn (£11.5bn) wiped off the value of their fortunes on Monday as investors sold equities and looked for safe havens.

The sell-off in riskier assets came after North Korea’s foreign minister, Ri Yong Ho, said that the nation could shoot down US warplanes because President Donald Trump’s recent commentsamounted to a declaration of war.

Facebook founder Mr Zuckerberg’s net worth fell $3.2bn on Monday, the largest on the Bloomberg Billionaires Index, while Alibaba boss Mr Ma suffered a $1.3bn decline and Amazon’s Jeff Bezos’ wealth declined by $1.2bn.  – READ MORE

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