According to billionaire data from Bloomberg, the world’s 400 richest people lost a combined $127.4 billion Friday, after Britain voted to exit the European Union.<\/p>\n
South Africa’s two richest men, retail mogul, Christo Wiese, and diamond magnate, Nicky Oppenheimer, lost a combined $634.8 million due to the market fallout – the vast majority of which was lost by Wiese ($626.2 million).<\/p>\n
The Bloomberg data is reflective of billionaire change in wealth from 24 June, 2016. Oppenheimer is listed as having lost ‘only’ $8.6 million.<\/p>\n
According to Bloomberg, global billionaires lost 3.2% of their total net worth, bringing the combined sum to $3.9 trillion.<\/p>\n
The biggest decline belonged to Europe\u2019s richest person, Amancio Ortega, who lost more than $6 billion, while other big-name billionaires dropped more than $1 billion, including Bill Gates and Jeff Bezos.<\/p>\n
South Africa’s biggest losers<\/strong><\/p>\n Looking at Forbes’ ‘real time’ billionaire data, the picture continues to look bleak for South African billionaires.<\/p>\n The Forbes real-time data tracks the changes to billionaire wealth between trading days – in this case the difference between Friday 24 June and Monday 27 June.<\/p>\n The data shows that Wiese was again the overall loser in South Africa, having had $453 million of his wealth (6.9%) wiped off the map over the weekend.<\/p>\n Richemont chairman, Johann Rupert lost a whopping $168 million, while pharmaceutical executive Stephen Saad and mining and minerals exec Patrice Motsepe lost $39 million and $31 million, respectively.<\/p>\n South African billionaires – biggest Brexit losers (24 June – 27 June)<\/strong><\/p>\n The richest and poorest municipalities in South Africa<\/a><\/strong><\/p>\n How long it would take to become the richest person in South Africa<\/a><\/strong><\/p>\n South African businessmen among the UK\u2019s top 25 richest people<\/a><\/strong><\/p>\n\n\n
\n Billionaire<\/th>\n Net Worth<\/th>\n Change in US$<\/th>\n Change (%)<\/th>\n<\/tr>\n \n Christo Wiese<\/td>\n $6.2 billion<\/td>\n -$453 million<\/td>\n -6.9%<\/td>\n<\/tr>\n \n Johann Rupert<\/td>\n $5.0 billion<\/td>\n -$168 million<\/td>\n -3.2%<\/td>\n<\/tr>\n \n Stephen Saad<\/td>\n $1.3 billion<\/td>\n -$39 million<\/td>\n -2.9%<\/td>\n<\/tr>\n \n Patrice Motsepe<\/td>\n $1.3 billion<\/td>\n -$31 million<\/td>\n -2.3%<\/td>\n<\/tr>\n \n Koos Bekker<\/td>\n $1.7 billion<\/td>\n -$25 million<\/td>\n -1.5%<\/td>\n<\/tr>\n \n Nicky Oppenheimer<\/td>\n $6.6 billion<\/td>\n -$7 million<\/td>\n 0.1%<\/td>\n<\/tr>\n \n Allan Gray<\/td>\n $1.7 billion<\/td>\n –<\/td>\n –<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n More on wealth<\/h3>\n