Bill Gates Lost $7 Billion

Top of the Chart

Updated Apr. 25, 2017 12:26PM EDT / Published Oct. 01, 2009 9:27AM EDT

Some things never change—like Bill Gates being atop Forbes’ annual list of the 400 wealthiest Americans. Some things, however, do change—the total wealth of those ranked dropped $300 billion to $1.27 trillion and the number of billionaires fell to 391 from 489. Gates’ net worth, for example, declined $7 billion to $50 billion and second-place Warren Buffett lost $10 billion, ending up with a personal valuation of $40 billion. Oprah Winfrey’s net worth also decreased by $400 million. Among the 28 members of the list who actually added to their wealth over the past year is Andrew Beal, a fund manager at Henderson Global Investors Ltd., who ranked in 52nd place. He tripled his net worth to $4.5 billion by buying cheap loans and assets.

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Bill Gates Lost $7 Billion