The proof is ......
It's been a tough year for the richest people in the world. Last year there were 1,125 billionaires. This year there are just 793 people rich enough to make our list. And this year the world's billionaires have an average net worth of $3 billion, down 23% in 12 months. The world now has 793 billionaires, down from 1,125 a year ago.
Top the list for 2008 is
with losing some $ 18 billion....Amazingly....
Last year, richest man is placed second in the this year....
Lost $ 25 billion due to poor performance of his Wal Mart Empire and tumble of Berkshire Hathaway's share....
In my opinion, 'Lost Fortune of The World's Billionaires In 2008' is due to recession and mainly due to the tumble of their company's share. Actually, they did not 'lost' fortune really as share value will increase as the economy do...
So, the world billionaires still have their fortune in the end of day and recession is the best time to increase their fortune further......
Source : http://www.forbes.com/2009/03/11/worlds-richest-people-billionaires-2009-billionaires-intro.html
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