According to a BBC article I just read, Forbe's annual "Rich List," the list of the weathiest people in the world, has taken a significant hit this year. The financial crisis wiped 332 names off the list of world billionaires. Now, just 793 people can lay claim to a place on the list, but on average those who still occupy that list have lost 23% of their wealth.
The guy who occupied the top spot last year, Warren Buffet . . . since last years' showing he's lost $25 billion! He went from $62 billion in net worth to $37 billion. Amazing.
Here's a video link for the story...
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