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$14.2 trillion, on Forbes’ 2024 World’s Billionaires list—but not everyone is celebrating. An unlucky quarter of those on the ranking are poorer than they were in 2023. And 189 people fell below the $1 billion threshold, losing their membership to the three-comma club entirely.<br/><br/>These billionaire drop-offs include moguls behind some notable brands, such as Estée Lauder heir Gary Lauder; Hajime Satomi, former CEO of Japanese gaming company Sega Sammy; and David Tran, owner of the company behind Sriracha hot sauce.<br/><br/>The overwhelming majority of the losses came from China, one of the few huge markets to sputter in an otherwise-positive year amid fallout from slower economic growth, a property market glut, a decline in foreign investment and rising geopolitical tensions. China shed 133 billionaires (including Hong Kong and Macau) since last year’s list. That includes Tang Binsen, founder of the sparkling water company Chi Forest; Hui Ka Yan, chair of embattled real estate developer Evergrande Group; and copper and cable magnate Wang Wenyin, who was worth $19 billion a year ago but dropped from the list after a Chinese court froze his shares of metals company Amer International Group.<br/><br/>The United States, meanwhile, which has the most billionaires of any country, only saw eight billionaires drop from the ranks, followed by Japan (6) and Russia (5).<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/richardjchang/2024/04/02/heres-who-fell-off-forbes-2024-billionaires-list/?sh=5134cd861fd0<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
5 People Who Fell Off The 2024 Billionaires List
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africanews
Ethiopia declares state of emergency in Amhara region
⏲ 35 seconds 👁 66.9K
africanews
Ethiopia: TDF rebels again parade captured Ethiopian soldiers, vow to restore region's borders
⏲ 2 minutes 8 seconds 👁 789.2K
Women occupy a small but growing slice of Forbes’ World Billionaires list. This year 369 out of 2,781 billionaires or 13.3% are women, up from 337 in 2023, when women accounted for 12.8% of the list. Together they are worth nearly $1.8 trillion, about $240 billion more than last year.<br/><br/>The world’s richest woman for the fourth consecutive year is L’Oréal heiress Françoise Bettencourt Meyers. Her fortune jumped $19 billion in the past 12 months, putting her net worth at $99.5 billion, the biggest gain of any woman on the 2024 list, but just short for her to become the first woman to crack the swelling ranks of the $100 billion club.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/samanthakroontje/2024/04/02/the-richest-women-in-the-world-francoise_bettencourt-meyers-taylor-swift-alice-walton-2024/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
The 5 Richest Women In The World
⏲ 3:6 👁 3.1M
WION
Emergency declared in Ethiopia's second-largest region Amhara | Latest World News | WION
⏲ 1 minute 44 seconds 👁 149.5K
africanews
More than '7,000 captive Ethiopian' soldiers paraded in Tigray by rebel fighters
⏲ 1 minute 28 seconds 👁 410.3K
Coronation Street 1st April 2024
Coronation Street 1st April 2024
⏲ 44:36 👁 270K
africanews
Ethiopia: Addis Ababa residents react to news of resumption of fighting in Tigray
⏲ 1 minute 42 seconds 👁 65.4K
Al Jazeera English
Ethiopian police nab hundreds under state of emergency, say witnesses
⏲ 4 minutes 34 seconds 👁 77.7K
Al Jazeera English
Protests in Ethiopia over plans to disband Amhara paramilitary | Al Jazeera Newsfeed
⏲ 2 minutes 7 seconds 👁 113.5K
africanews
Somalia rejects Ethiopia-Somaliland port deal
⏲ 1 minute 3 seconds 👁 37.4K
ABC News
ABC World News Tonight with David Muir Full Broadcast - April 5, 2024
⏲ 20 minutes 👁 17.7K
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