InvestorQ : Which high-wealth people have lost money in the pandemic?
natasha Samani made post

Which high-wealth people have lost money in the pandemic?

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Neha Samdani answered.
3 months ago
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Well, the answer is - not many. This pandemic has proven to be the worst year of this decade and has affected many people negatively. When things like these happen, the most affected are the common man and not billionaires. Almost all the billionaires in India witnessed a rise in their wealth during 2020, except a few.

One of the names in the list is Acharya Balkrishna of Patanjali Ayurved at USD 3.6 billion, down by 32 percent.

Others include Uday Kotak, Cyrus Poonawalla, and Shiv Nadar, with a loss of about 1 billion in their wealth during 2020.

This list also includes tech tycoon and owner of Wipro – Azim Premji, as he donated 73% of his wealth.

There were 40 new additions to the list of billionaires in the year 2020.

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