It’s official—the world is coming to an end. Forbes just released their Billionaires List and it turns out there are 332 fewer of them now than a year ago. And poor billzies: their average net worth is down 23%. [Forbes]
Let’s wallow in the schadenfreude and see who lost big.
Anil Ambani: Head of the Reliance group, this guy obvs relied on bad advice. Last year’s biggest billions gainer, he’s now this year’s biggest loser. Laterz, $32 billion smackers.
Lakshmi Mittal: The Steel magnate has gone soft, losing almost $26 billion. Steel prices are down 75% since last summer, so he’s left with a mere $19 billion and joining the artisanal bread line.
Warren Buffett: The financial wiz who looks like your grandpa lost $25 billion this year. He dropped from the top slot to number 2, with $37 billion.
Carlos Slim Helú: Latin America’s richest dude lost $25 billion, making it an un-bueno year. Fortunately he’s got a $35 billion cushion to rest on.
K.P. Singh: This former army guy and current real estate mogul’s house is on fire with a $25 billion loss. He only has $5 billion left. How the hell is he supposed to live off that?
THE BIG Q: DID ANYONE MAKE BANK THIS YEAR?
Somehow we’re not surprised that…Oprah’s richer! Our lady love jumped from 462nd to 234th place with her estimated net rising from $2.5 to $2.7 billion.
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Word Up: schadenfreude: wallowing in other’s misery, especially when they’re billionaires
By the numbers: $32 billion smackers: How much the biggest loser parted with
Image via business week.
