The cumulative net worth of Greater Washington’s billionaires has shrunk 12.68% since April, according to the Forbes billionaires index.
The 16 billionaires with close ties to the region and its businesses saw their collective worth fall from $251.6 billion in early April to $219.7 billion in late September.
The losses are in line with a $1.4 trillion cumulative loss for the world’s 500 richest people in the first half of 2022 that Bloomberg reported in July. That report cited poor company…
