What happened to the billionaires of the pandemic? Here are the wealth losses of six Turkish names…

During the days when the Covid19 epidemic devastated the world, rapid increases in the fortunes of delivery company bosses were replaced by sharp falls.

In the news titled “Online delivery billionaires’ fortune melted after Covid” published by Pui Gwen Yeung in the US financial agency Bloomberg the other day, attention was drawn to the rise and fall of four companies across the world, including Turkey. based on Getir.

THEY FELL FROM THE MULTIMILLIONAIRE LEAGUE

According to data from the Bloomberg Billionaires Index, Nazım Salur experienced the largest wealth loss in terms of quantity. With the increase in Getir’s valuation, his wealth, which increased to $5.65 million in March 2022, has decreased to $775 million as of today. Salur lost $4.29 billion, which represents 84.7 percent of his wealth in March 2022.

Thus, Salur, 61, was left out of the league of dollar billionaires.

The wealth of Jitse Groen, founder of Netherlands-based Just Eat Takeaway, which reached $1 billion in October 2020, also decreased by 86.1 percent to $274 million.

The loss of wealth for Groen, 45, in three years was 1 billion 692 million dollars.

The fortune of the Indian Apoorva Mehta, founder of Instacart, originating in Silicon Valley (USA), has decreased today to $863 million, after reaching its maximum of $3,576 million in March 2021.

Mehta, 36, suffered a loss of $2 billion 712 million, equivalent to 75.9 percent of his wealth compared to the peak level.

Andy Fang, one of the founders of DoorDash, another Silicon Valley company, lost 70.6 percent of the $3 billion fortune he reached in November 2021.

The wealth of Fang, 31, decreased by $2.382 million in two years, to $992 million.

The wealth of Stanley Tang, another founding partner of DoorDash, also decreased by 62.7 percent during this period, from $3.293 million to $1.228 million.

The wealth of Tang, 31, decreased by 2 billion 65 million dollars during this period.

The wealth of DoorDash’s third co-founder, Tony Xu, also decreased from $3.287 billion to $1.262 billion, with a loss of 61.6 percent during this period.

The loss recorded in the fortune of Xu, 38, during this period was 2,000 million 25 million dollars.

THE TOTAL LOSSES OF 6 PEOPLE EXCEEDED 15 BILLION DOLLARS

The total wealth of these five names, which made their mark in the express shipping industry during the pandemic period, decreased by $15.166 billion, a decline of 73.6 percent in three years.

Getir announced in its statement at the end of August that, as part of the restructuring, it would lay off 2,500 employees, corresponding to 10.9 percent of its total 23,000 employees.

The company, which announced that it would continue its operations in Turkey, England, Germany, the Netherlands and the United States, had announced that it would abandon the Italian, Spanish and Portuguese markets.

Getir’s valuation, which rose to $12 billion in March 2022, fell to $2.5 billion in the latest investment deal signed this summer.