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Biggest Billionaire Flops in 2008

During 2008, markets and currencies around the world plummeted and so did the net worth of some of the world's wealthiest people. The top ten biggest billionaire flops lost a combined sum of $150 billion. The following table lists the ten largest losses according to Forbes.com.

Net Worth  
March 2008 December 2008 Name Industry Source of Fortune Country of Citizenship
$42 billion $12 billion Anil Ambani Diversified Inherited India
$28 billion $10 billion Oleg Deripaska Diversified Self-made Russia
$1.6 billion $1 billion Anurag Dikshit Online gambling Self-made India
$1.1 billion $0 Bjorgflur Gudmundsson Finance Self-made Iceland
$1.2 billion $15 million Luis Portillo Inherited Real Estate Spain
$1.4 billion $150 million David Ross Self-made Communications United Kingdom
$3 billion $500 million Tulsi Tanti Self-made Energy India
$3.5 billion $2.5 billion Wong Kwong Yu Self-made Retail China
$3 billion $750 million Larry Yung Inherited Diversified China
$3.4 billion $350 million Konstantin Zhevago Self-made Diversified Ukraine

Source: Forbes.com. Web: www.forbes.com.

Information Please® Database, © 2008 Pearson Education, Inc. All rights reserved.

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