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These 12 billionaires lost more than $1 billion on Monday

August 25, 2015, 1:34 PM UTC
Squawk Box - Season 20
Pictured: Warren Buffett, Bill and Melinda Gates, in an interview on May 5, 2015
Photograph by Getty Images

Normal people weren’t the only ones hurt by Monday’s turbulent stock market. The world’s richest people saw losses in the billions, according to the Bloomberg Billionaires Index.

Here’s a list of 12 individuals who lost more than $1 billion Monday, along with their overall ranking in terms of world’s richest people. Their combined losses add up to nearly $23 billion. The only person among the world’s 10 richest people not appearing on this list is Ingvar Kamprad (#8), who lost $820.3 million.

#1 Bill Gates: -$3.2B

#2 Amancio Ortega: -$1.5B

#3 Warren Buffett: -$2B

#4 Carlos Slim: -$1.6B

#5 Charles Koch: -$1.3B

#6 David Koch: -$1.3B

#7 Jeff Bezos: -$2.6B

#9 Larry Ellison: -$1.6B

#10 Mark Zuckerberg: -$1.7B

#14 Larry Page: -$1.2B

#15 Sergey Brin: -$1.2B

#17 Wang Jianlin: -$3.6B