World's Richest Lose $182B in Market Rout

Aug. 24 -- The stock market rout has the world's billionaires losing big bucks. The richest 400 people lost a combined $182B last week. Bloomberg's Yvonne Man reports on "First Up."

Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.

[anthonybell]

War shouldn't be too far in the future...

[scottab]

They will only gain back what they lost and then some the rest of the year.

[jackchorn]

Did they really lose it?
They didn't earn it.
Their money made money- I'm sure they are just fine and still ahead.
You just wait until the average worker loses their retirement tied to their 401k- that is a loss.

[KevinP]

I need to get my life together. I must be a billionaire ASAP!!