rich people [billionaires] from around the world [globe]
a drop [fall] in priceバターが10円値下がりしたButter has 「gone down [dropped] ten yen in price.／The price of...
a reduction [cut] in price; a price reduction冬物を大幅に値下げしたThere were big reductions in the prices o...
a cut [reduction ] in price(s);a price cut [reduction]
a price-cutting competition ;a price war