Billionaires are feeling the pinch too
It was reported by Forbes back in March 2009 that even the super rich are suffering from the current recession too, losing amounts that could feed entire countries.
A staggering 300 billionaires have lost the right to use the title, becoming lowly millionaires.
There are now only 793 (US dollar) billionaires, the least since 2003.
Bill Gates, the world’s richest man have lost USD18 billion.
Perennial number two, Warren Buffet have lost an incredible USD25 billion: that’s about the same as the GDP of Nigeria in 2008!
However, the biggest loser is Anil Ambani, the Indian businessman, and I am not talking about Lipofuze-induced weight loss here. He lost a mind-blowing USD31.9 billion.
Crazy.
