Council of Worlds at WAR re Announcement Delays

Note the location of “Planet 9” and the inbound path for Nibiru provided by the Zetas in 1997. Nibiru arrived, right on schedule in 2003, and right where predicted a full 7 years earlier. Where the Zetas provided the location of the gravity draw represented by the Sun’s dark unlit binary and the inbound Nibiru in 1983, when the IRAS team lofted its infra-red balloon in search of the inbound Nibiru, this location was not provided to the public. All articles in print at that time only referring to the location as the “western edge of the constellation Orion”, quite vague, and the “western edge” is vast. Yet the Zetas pinpointed the location as being just outside the lower bow of Orion. Such is the accuracy of ZetaTalk. How would the public eventually become “aware of the history and accuracy of ZetaTalk predictions” as predicted by the Zetas on April 16, 2016? ? It would seem this is already in process.


SOZT March 19, 2016

So what happened to the announcement? Obama lacked the courage. As a result of this colossal failure,  having to disband the Jade Helm structure, the US military reacted. Obama is no longer running the country. Chief of Staff General Dunford is. Ben Fulford has for months been referring to Obama as the US “spokesperson”. Is this true, and how does this work? In that the Middle East, under the direction and press from Israel, Turkey, the Jewish bankers of the Federal Reserve, and the Saudis were supporting ISIS and this threatened to create a force that would not only invade Europe but also create an endless terrorism threat to the US, the military did indeed effect a silent coup. Russia needed to enter the fray, and Dunford, but not Obama, agreed. This will never be admitted, publicly, nor do the parties want this.
EOZT


SOZT October 1, 2015
The three major social media outlets in use around the globe all had significant, and simultaneous outages between September 20-24, 2015. Skype had complaints from the UK, Australia, and Japan. Twitter received reports from the US, Australia, and Singapore. FaceBook had the loudest howls, primarily from the US and Europe. Notably these downtimes, some lasting for hours or even days, got no attention in the major media, and there was no real explanation for the outages.  Every Skype user has an account and a password, as do their contacts. Every Skype user can broadcast messages to their contacts, even if these contacts are not presently online. Every twitter use likewise has an account and a password, and by sending a tweet passes information along to subscribers, who can retweet the info in the future. FaceBook users likewise have an account and a password, with many friends who pick up info from each other and pass it along on their FaceBook accounts.  In all of this, the networks themselves are AWARE of the accounts and passwords, and could do a broadcast to all in the event of an announcement. Check your user agreements. This is legal!
EOZT


SOZT April 25, 2015
When we announced that the Council of Worlds would be going to war with the elite over their blockage of the announcement, the tools available to the Council were not immediately apparent. Early in the campaign the Sony hack showed one such mechanism, whereby an anonymous hacker revealed embarrassing information about Sony executives. Similarly exposing pedophile activities by Prince Andrew and Bill Clinton and blatant lies by self-promoting media talking heads such as Brian Williams and Bill O’Reilly required nothing more than encouraging contactees to step forward.  In many, many cases a financial loss sufficient to trigger a clash among the elite is a result of an electronic delay during trades. 
EOZT


SOZT July 4, 2015
What is the message here? As with other failed launches, this most recent failure is a definitive message from the Council of Worlds. Space X has had success in resupplying the ISS, though has flounded on landing on a floating ocean platform.  Resupply of the ISS is OK, reuse of their launch equipment so as to help the elite escape, not OK. The message now is that the elite should not expect to get into space at all. No escape. The message here is to take all hope away from such plans among the elite. They are to remain on Earth with the common man. We expect the battle to shift from attempts to block the announcement, or deny its meaning, to attempts to enslave the common man in some way. That is another fight, on another day.
EOZT


SOZT November 1, 2014
The elite – the wealthy and politically powerful in the world – have continued in their attempts to thwart the announcement by Obama and his partners admitting that Nibiru, aka Planet X exists. We have long stated that the announcement date was set by Obama and Xi at their June 7-8, 2013 meeting in Santa Monica. The flustered slip given by the French Foreign Minister on May 13, 2014 re “500 days
http://www.zetatalk.com/ning/17ma2014.htm
until climate chaos” was in reference to this, as the date set was to be 500 days from the 2013 meeting, ie October 20, 2014.
EOZT


SOZT November 8, 2014
Relying solely on Russia or China to proceed would get the truth out BUT since the block had always been on the US end, via Reagan’s national security directive, without a confirmation from Obama this is awkward and subject to being countered. If true, where is the confirmation from Obama? It would be packaged as some odd communist attack against Obama going into the elections, to make him seem weak, almost comical. So where is this going now? For us to comment would be to empower the enemy, which of course we will not do. Your curiosity is not as important as having the announcement succeed.
EOZT


SOZT December 10, 2014
We have stated that the public will see only the flash and parry of swords from a distance during the Council of Worlds war with the cover-up crowd. Meanwhile, periodic tests of the Emergency Broadcast System in the US are done, to see if the channels are open. As of this writing, they are not yet open. The war is still on, full press. Meanwhile, during the flash and parry of swords, one can see resistance, pleading, panic, and capitulation.
EOZT

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Comment by SongStar101 on September 2, 2015 at 9:47am

This could have something to do with the delay in the Announcement?

US Run by 0.001% of American Population – Powell’s Former Chief of Staff

Around 400 people control US politics, says former chief of staff

http://patriotrising.com/2015/08/29/us-run-by-0-001-of-american-pop...

Lawrence Wilkerson, former chief of staff to former US Secretary of State Colin Powell claims that US politics is determined by about 400 people with a combined wealth of trillions of dollars who control government decision-making from the backstage.

US politics is determined by about 400 people with a combined wealth of trillions of dollars who control government decision-making from the backstage, Lawrence Wilkerson, former chief of staff to former US Secretary of State Colin Powell, said in an interview with Radio Baltkom.

Thus power is concentrated in the hands of about 0.001 percent of the US population, Wilkerson told the Latvian radio station, stressing that it is great inequality.

According to the former official, US foreign policy has generated catastrophic results, particularly in the Middle East. Wilkerson told Radio Baltkom that the 2003 US invasion of Iraq disrupted the balance of power that had been maintained in the Persian Gulf for over 50 years.

The current volatile situation in the region is the result of US actions, Wilkerson, who served as chief of staff to Colin Powell between 2002 and 2005, stressed.

The Middle East has recently seen the advance of ISIL jihadist group. ISIL began fighting against Syrian government forces in 2012 and launched an offensive on Iraq in 2014. The group has seized vast territories across both countries.

US President Barack Obama established an international anti-ISIL coalition in September 2014. Coalition forces have been carrying out airstrikes against ISIL targets in Iraq and Syria, although no breakthrough results have been achieved so far.

Comment by SongStar101 on September 1, 2015 at 8:17am

Tony Blair facing questions over claims he 'tried to save Muammar Gaddafi' before Libyan dictator was ousted

http://www.standard.co.uk/news/politics/tony-blair-facing-questions...

Tony Blair is facing questions from MPs over suggestions that he tried to save former Libyan dictator Muammar Gaddafi during the 2011 military intervention.

The former Prime Minister is alleged to have approached Downing Street to say he had been contacted by "a key individual close to Gaddafi" and he wanted to "cut a deal", a biography of David Cameron has claimed.

Mr Cameron decided not to follow up the approach because he wanted to avoid "doing anything which might be seen to give the Libyan leader succour", it is claimed. 

Gaddafi was later killed by rebel fighters on the streets of Sirte.

Mr Blair now faces questions from the Foreigh Affairs Committee, which is conducting an inquiry into the Libya campaign, over his involvement in the discussions. 

Conservative backbencher Daniel Kawczynski, a committee member and the author of a book on Gaddafi, accused Mr Blair of indulging a "sordid" and "irresponsible" idea.

He told The Times: "I think it is very irresponsible for Mr Blair to even have suggested it."

Nadhim Zahawi, another Tory on the committee, told the newspaper: "With these revelations, we should be pushing for Blair to come and explain as part of the inquiry."

Other claims in the biography by Anthony Seldon, titled Cameron at 10 and serialised in the Mail on Sunday, included suggestions former MI6 head Sir John Sawers claimed the intervention in Libya was for "humanitarian reasons" rather than in Britain's "national interest".

It also allged the ex-chief of the defence staff, Lord Richards of Herstmonceux, accused Mr Cameron of staging a "half-baked" campaign to oust Gaddafi and being more interested in a "Notting Hill liberal agenda" than"statecraft".

Downing Street has refused to comment on the claims.

Comment by Starr DiGiacomo on August 31, 2015 at 2:52am

http://yournewswire.com/former-catholic-archbishop-found-dead-ahead...

Former Catholic Archbishop Found Dead Ahead Of Child Sex Abuse Trial

The former papal ambassador to the Dominican Republic had been arrested and charged with paedophile offences and possession of child pornography last year.

Wesołowski, who was 67, was found dead in his room apparently from natural causes.

“Vatican authorities intervened immediately for first verifications, which indicate his death was due to natural causes”a statement on the Vatican website said

The Independent reports: The former ambassador to the Dominican Republic would have been the first church official to go on trial for child sexual abuse. His case, which had attracted a significant amount of international attention, was the first under a Vatican system reinvigorated by Pope Francis following widespread accusations of abuse within the Church.

Comment by Stanislav on August 30, 2015 at 7:06pm

<...> Assange also spoke about Washington's policies, in particular White House meetings during which Barack Obama approves target lists for drone strikes.

“In the United States every Tuesday, Obama meets to decide who lives and dies, according to secret law. Terror Tuesdays, they’re called in Washington. Secret law. No appeal.”

Source: rt.com

As I am writing this, Putin has not been seen for 9 days. And the Kremlin seems to be preparing for some kind of big announcement. Many alternative explanations are being presented by the western press, stating that Putin might be sick, or that he has been victim of some coup, or that he has flown to Switzerland to visit his girlfriend who has just given birth to Putin´s child. And in my imagination I might add that perhaps he is out of the country, on a secret trip, maybe to talk face-to-face with Xi and/or Obama. And since the Kremlin instructed the Russian journalists to not to leave on this weekend because a major news would be made public now, his absence might very well have something to do with the Announcement. Has this anything to do with the Announcement? Since Obama is having trouble to get the Announcement out in the air, has Russia decided to proceed on her own? Is it that we are just now about to hear/see the Announcement made public? Are there any other reasons why Putin might be hiding away? Would the Zetas like to comment? [and from another] President and Supreme Commander Vladimir Putin gave an indication of lead with 8.00 MSK Monday in full combat readiness Northern Fleet. Order of the President of the individual compounds and touched the Western Military District, and the Airborne Troops. The reason given by Defense Minister Sergei Shoigu, who is the National Center for defense management in Moscow, designated spot checks readiness. According to him, the main task today started testing is to assess the readiness capability of the Northern Fleet to provide military security of Russia in the Arctic. Test of strength to go 38 thousand soldiers. In addition, will be attracted 3.36 thousand pieces of military equipment, ship 41, 15 submarines, 110 aircraft and helicopters. At the same time commander in chief of the armed forces, commanders of troops, heads of main and central directorates of the Ministry of Defence were handed packages directives.  [and from another] http://www.nytimes.com/2015/03/14/world/europe/russia-putin-seen-in...  March 14, 2015. The rumor mill went into overdrive, churning out possible explanations from the simple to the salacious to the sinister. He had been stricken by the particularly devastating strain of flu going around Moscow just now. He sneaked off to Switzerland for the birth of his love child. He had a stroke. The victim of a palace coup, he was imprisoned within the Kremlin. He was dead, aged 62. The last confirmed public Putin sighting was at a meeting with Prime Minister Matteo Renzi of Italy on March 5. [and from another]http://money.cnn.com/news/newsfeeds/benzinga/articles/news_15_03_53...  Kremlin Reportedly Prepares For 'Mysterious' Announcement. March 13, 2015. News came out about the Kremlin preparing a major announcement. A source in the Russian President Vladimir Putin’s press service, heads of the most relevant media were asked to be ready for a possible press conference in the next few days. [and from another] Putin reappears in Moscow for his meeting with Kyrgyzstan President, as promised, on Monday March 16, 2015. https://www.youtube.com/watch?feature=player_embedded&v=KtdT7Mu...  [and from another]http://www.theverge.com/2015/3/13/8208413/uk-nuclear-weapons-russia...  March 13, 2015. For five days, web traffic from Texas to certain addresses in the UK has been routed through Ukrainian and Russian telecoms, taking a detour thousands of miles out of the way. Network traffic often takes a circuitous route as a result of network congestion or interconnection difficulties, but neither one would be enough to account for these routes. Instead, this was the result of a bad route announced by Ukraine's Vega telecom, inserting itself in between. Among the dozens of sites involved was the UK's Atomic Weapons Establishment, which is tasked with managing and delivering the UK's nuclear warheads, as well as the UK's official mail service, the Royal Mail. US defense contractor Lockheed Martin was also running a VPN connection that was caught up in the redirection. [and from another] http://rt.com/news/239209-nato-norway-viking-drills/  March 10, 2015. Unprecedented war games, involving 5,000 Norwegian troops and 400 vehicles, have started in Norway’s northernmost province, bordering Russia. The biggest exercises since Cold War days will last for a week, amid growing tensions between Russia and NATO. The last time a similar military exercise was conducted in Finnmark was in 1967. Norway is planning a large joint air force exercise for May, in which more than 100 planes from eight NATO member states are going to take part in the Arctic Challenge Exercise in the skies of the Barents Sea region.  [and from another] http://www.sott.net/article/293888-Gen-Rob-Kill-Russians-Scales-Whu...  March 15, 2015. Responding to the news that the Russian Investigative Committee has opened a criminal probe into his statements on charges of public calls for starting an aggressive war made in the media, and that his remarks violated article 20 of the United Nations' International Covenant on Civil and Political Rights that bans any propaganda of war and instigation of discrimination, hatred or violence, [retired Maj. Gen. Robert Scales] shrugged it off. Earlier, he alleged that "the only way the United States can have any effect in this region and turn the tide is start killing Russians. Killing so many Russians that even Putin's media can't hide the fact that Russians are returning to their motherland in body bags."  [and from another] https://www.youtube.com/watch?v=bvn3LEx9dhw&feature=youtu.be  March 10, 2015. 'Start Killing Russians' Outrageous Outburst by Fox News Military Analyst.  

<...>
Will any of this be explained, or in the news? The public will not be informed, but as in the past when Bait and Switch were played to flush out cover-up proponents, the cleanup from this will be ongoing. Many, such as the Retired General Scales on Fox News, revealed their alliances. Putin did not reappear until these investigations were well underway, and the guilty in hand. Who is colluding or associating with the guilty is noted and traced. Black ops are countered by black ops, who operate without trial or jury and eliminate the guilty quietly.

ZetaTalk Chat Q&A for March 21, 2015

Comment by SongStar101 on August 26, 2015 at 11:54am

Central Banks Have Become A Corrupting Force

http://www.paulcraigroberts.org/2015/08/23/central-banks-become-cor...

Are we witnessing the corruption of central banks? Are we observing the money-creating powers of central banks being used to drive up prices in the stock market for the benefit of the mega-rich?

These questions came to mind when we learned that the central bank of Switzerland, the Swiss National Bank, purchased 3,300,000 shares of Apple stock in the first quarter of this year, adding 500,000 shares in the second quarter. Smart money would have been selling, not buying.

It turns out that the Swiss central bank, in addition to its Apple stock, holds very large equity positions, ranging from $250,000,000 to $637,000,000, in numerous US corporations — Exxon Mobil, Microsoft, Google, Johnson & Johnson, General Electric, Procter & Gamble, Verizon, AT&T, Pfizer, Chevron, Merck, Facebook, Pepsico, Coca Cola, Disney, Valeant, IBM, Gilead, Amazon.

Among this list of the Swiss central bank’s holdings are stocks which are responsible for more than 100% of the year-to-date rise in the S&P 500 prior to the latest sell-off.

If central banks purchase stocks in order to support equity prices, what is the point of having a stock market? The central bank’s ability to create money to support stock prices negates the price discovery function of the stock market.

The Fed is prohibited from buying equities by the Federal Reserve Act. But an amendment in 2010 – Section 13(3) – was enacted to permit the Fed to buy AIG’s insolvent Maiden Lane assets. This amendment also created a loophole which enables the Fed to lend money to entities that can use the funds to buy stocks. Thus, the Swiss central bank could be operating as an agent of the Federal Reserve.

We know that the US government has a “plunge protection team” consisting of the US Treasury and Federal Reserve. The purpose of this team is to prevent unwanted stock market crashes.

Is the stock market decline of August 20-21 welcome or unwelcome?

Comment by Starr DiGiacomo on August 25, 2015 at 11:15pm

http://www.power-eng.com/articles/npi/print/volume-8/issue-4/depart...

Eletronuclear CEO arrested on corruption charges

08/25/2015

July 28

Eletronuclear confirmed that its chief executive on leave, Othon Luiz Pinheiro da Silva, was arrested as part of a corruption investigation at the utility.

Pinheiro has been on leave since April after allegations that Eletronuclear was involved in bribery, price fixing and political kickbacks, according to Reuters. The accusations are similar to those raised at Brazil-led oil company Petrobras. Brazilian police arrested two people involved with building the 1,405-MW Angra 3 nuclear power plant for Eletrobras, Reuters said. Construction is facing repeated delays.

Comment by SongStar101 on August 24, 2015 at 10:40am

Ashley Madison Adultery Website Hit With $578m Class Action Over Data Breach

http://tech.firstpost.com/news-analysis/ashley-madison-faces-578-mi...

Two Canadian law firms have filed a $578m class-action lawsuit against the companies that run Ashley Madison after a hacker group’s data breach exposed some 39 million memberships in the adultery website earlier this week.

Missouri lawyers have filed a class-action lawsuit in a US district court seeking more than $5m in damages. US lawyers filed a statement of claim late last month on behalf of an unnamed female plaintiff who said she ponied up $19 so Ashley Madison would purge her personal information from its website in a process called a “paid-delete”.

The lawsuit argues that the privacy of Canadian members was breached in July when hackers infiltrated Ashley Madison’s website and downloaded private information. The data breach includes users’ personal names, emails, home addresses and message history. On Tuesday, the information was posted publicly online.

The law firms’ statement said numerous former users of the website have approached them to inquire about their privacy rights under Canadian law.

“They are outraged that AshleyMadison.com failed to protect its users’ information. In many cases, the users paid an additional fee for the website to remove all of their user data, only to discover that the information was left intact and exposed,” Charney said.

“The sensitivity of the information is so extreme and the repercussions of this breach are so extreme, it puts the damages faced by members in a completely different category of class-action suits.”

The law firms said the lawsuit is not being brought against the hackers, who have said they attacked the website in an effort to close it down as punishment for collecting a fee without actually deleting users’ data.

The law firms did not immediately respond to a request for comment, and it was not clear in what court the class-action lawsuit was filed.

There are hundreds of email addresses in the data release that appear to be connected to federal, provincial and municipal workers across Canada, as well as to the Royal Canadian Mounted Police and the military.

According to the data breach, some of the website’s customers made credit-card transactions from computers attached to the department of national defense and Canada’s House of Commons.

The data, stored in more than 2,500 files, involved transactions spanning from March 2008 to several days in June of this year.

National defense referred most questions to the federal treasury board, which has an overall responsibility.

Lisa Murphy, spokeswoman for the treasury board, would only say that the government has rules for the professional and personal use of its computers.

In a written statement, a DND spokeswoman echoed some of Murphy’s statement, and said the department “has policies and practices in place to deter, detect and enforce unauthorized and prohibited computer use.”

The credit-card information of US government workers, some with sensitive jobs in the White House, Congress and the justice department, was also revealed in the data breach.

Comment by SongStar101 on August 24, 2015 at 9:44am

MPs to force Chilcot to come clean over Iraq report delays: Parliament set to demand public explanation and could make him set a deadline for publication

http://www.dailymail.co.uk/news/article-3208223/MPs-force-Chilcot-c...

  • Former shadow home secretary David Davis said MPs are planning action
  • Says they will demand a public explanation into Iraq Inquiry's delays
  • Parliamentary motion could force inquiry chairman Sir John Chilcot to act
  • The hold-up has been blamed on witnesses being informed of likely criticism and being given the chance to comment before it's made public

Parliament will demand a public explanation from Sir John Chilcot next month as to why the Iraq inquiry is still being delayed, a senior Tory warned last night.

Former shadow home secretary David Davis said a cross-party group of MPs would hold discussions next week to draw up a battle plan for forcing the inquiry to set a deadline for publication.

Options include a formal parliamentary motion, where MPs would be asked to vote to compel Sir John to act.

Mr Davis said continuing delays to the six-year inquiry were ‘unjustifiable’, and he suggested the report should be published by October, when MPs are expected to be asked to support government plans to extend bombing raids against the Islamic State terror group into Iraq.

He said precise plans for parliament’s return next month were still being discussed, but added: ‘You can be sure that there will be action. At the very least we will be requiring him to explain why the report hasn’t been published and what the remaining constraints are.

‘But I think there will also be pressure to establish a timetable.’ His intervention came as Tony Blair’s former deputy John Prescott called the continuing delays a ‘disgrace’, and joined calls for parliament to act.

The latest delays have been blamed on the so-called ‘Maxwellisation’ process – a convention in which witnesses to an inquiry are informed of likely criticism in advance and given the chance to comment. The process has been going on for almost a year and there is no end in sight.

More than 150 witnesses are thought to be involved, including public figures like Tony Blair and Alastair Campbell, and senior military officers, spy chiefs and Whitehall mandarins.

Several are said to have engaged lawyers to argue their cases and protect their reputations.

Experts have pointed out that the process is not a legal requirement, and that many other inquiries have set tight deadlines for witnesses to respond.

Mr Davis said: ‘Chilcot’s position is pretty untenable – just saying he will publish it when he is ready is not good enough.

‘He may be independent, but he’s also a public servant who has a duty, firstly to the families of those killed, but also to the public, to set out what happened so that we don’t make the same mistakes again.

‘There is no justification for taking longer than he has already, none at all.’

Mr Davis also hit out at Sir John over claims last week that criticism of the glacial pace of his inquiry stems from an Establishment plot designed to belittle him and his eventual findings.

That is unmitigated, petulant rubbish,’ the MP said. Former deputy prime minister Lord Prescott yesterday became the latest senior figure to urge Sir John to set a deadline for the Maxwellisation process and a timetable for the publication of his report.

Lord Prescott, who was one of the last to give evidence to the inquiry five years ago, said the report should be released ‘even if there are objections from some of the witnesses’.

He added: ‘I have been involved in a number of inquiries where those who gave evidence were given the right of consultation before the publication of the report, which is only fair.

‘But five years and waiting is an unacceptably long period. It’s an insult to the families of men and women who gave their lives for their country.’

Lord Prescott said that if Sir John refuses to set a timetable, parliament should now ‘demand he appear to explain his reasons’.

David Cameron repeated calls for Sir John to publish the report last week, saying the public ‘want this inquiry out, and so do I’.

But government sources last night stressed Mr Cameron was reluctant to be seen to be interfering with the ‘independence’ of the inquiry by forcing a timetable upon it.

Comment by SongStar101 on August 23, 2015 at 11:33am

Leaked audio: Israeli leaders drew up plans to attack Iranian military

http://www.cnn.com/2015/08/22/middleeast/israel-plan-iran-military-...

Jerusalem (CNN)Israeli leaders planned to attack military targets in Iran in recent years, but they were held back due to the opinions of other government and military leaders, according to an audio recording leaked to an Israeli television broadcaster.

One planned strike was canned after scheduling conflicts with a joint military exercise with the United States got in the way, according to the audio.

The recording with former Defense Minister Ehud Barak was leaked to Israel's Channel 2. It detailed three strikes Barak had allegedly planned with Prime Minister Benjamin Netanyahu, in 2010, 2011 and 2012 respectively.

CNN has translated the audio, which is in Hebrew. Barak, who also previously served as prime minister, acknowledged to CNN on Saturday that the recording is authentic, but declined to comment further.

CNN has reached out to other officials mentioned in the recording for comment.

Comment by Stanislav on August 22, 2015 at 1:11pm

World’s Richest People Lose $182 Billion as Market Rout Deepens

The world’s 400 richest people lost $182 billion this week from their collective fortunes as weak manufacturing data from China and a rout in commodities sent global markets plunging.
The weekly drop for the Bloomberg Billionaires Index, a group that includes Warren Buffett and Glencore Plc’s Ivan Glasenberg, was the biggest since tracking of the expanded list began in September 2014. The combined net worth of the index members fell by $76 billion on Friday alone, when the Standard & Poor’s 500 Index of U.S. stocks ended its worst week since 2011.
“For them that’s a fractional percentage, even though $182 billion is a big number,” said John Collins, director of investment advisory at Aspiriant, which oversees more than $8 billion for high net worth clients. “A week like this feels really bad, but when you take a step back, in a big picture view it’s not a disaster by any means.”
Friday’s losses put the world’s richest 400 into the red for the year to date. They’re now down $74 billion in 2015, with a collective net worth of $3.98 trillion.
The week’s largest setback in dollar terms was experienced by Buffett, who saw his fortune drop by $3.6 billion as Berkshire Hathaway Inc. slipped more than 5 percent. The investor is the world’s third-wealthiest person, with a fortune of $63.4 billion, according to data compiled by Bloomberg.
The slump in oil, which had its longest weekly losing streak since 1986 amid signs of an extended supply glut, contributed to $15.2 billion in losses for the world’s wealthiest energy billionaires. Continental Resources Inc. Chairman Harold Hamm saw $895 million, or 9 percent of his net worth, vanish this week.
Glencore’s Glasenberg
Glasenberg, chief executive officer of mining company Glencore Plc, lost $237 million during the week as commodity prices slid to their lowest levels in 13 years. Glencore reached a record low in London on Friday, down more than 8 percent from a week earlier, after the trading house reported its profit sank 56 percent in the first half of the year. Glasenberg’s fortune has decreased more than 40 percent in 2015, to $3.1 billion.
China’s 26 wealthiest people, pummeled by Hong Kong’s bear market and a weaker yen, lost $18.8 billion during the week. Wang Jianlin of Dalian Wanda Commercial Properties Co. was hit hardest, losing $3.5 billion.
Eleven billionaires added to their fortunes in spite of the market turmoil. The week’s biggest dollar gainer was Sun Pharmaceuticals’ Dilip Shanghvi. The world’s 39th-richest person became $467 million wealthier, elevating his net worth to $18.9 billion.
The Bloomberg Billionaires Index takes measure of the world’s wealthiest people based on market and economic changes and Bloomberg News reporting. Each net-worth figure is updated every business day at 5:30 p.m. in New York and listed in U.S. dollars

Source: bloomberg.com

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