Brazil’s fortunes were particularly hard hit, both by plunging stock prices and a weakening real. Guilherme Benchimol, founder of XP Inc., ceased to be a billionaire after shares of the Sao Paulo-based brokerage fell 34% below its December initial public offering price.

Meanwhile, Russia’s wealthiest two dozen people are down $65 billion this year, partly because of President Vladimir Putin’s oil price war with Saudi Arabia.

--With assistance from Felipe Marques, Jack Witzig and Tom Metcalf.

This article was provided by Bloomberg News.

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