Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

10 Billionaires Who Have Lost Big in 2022

X
Your article was successfully shared with the contacts you provided.

Kanye West (now officially Ye), who reportedly lost his billionaire status after antisemitic comments prompted companies to cut ties to him, is hardly alone among billionaires who’ve seen their fortunes shrink this year.

Perhaps their wealth didn’t plunge by as big a percentage, and they weren’t done in by  offensive statements, but many of the wealthiest investors, CEOs and heirs have seen their fortunes shrink to varying degrees.

Some have seen rough financial markets and other economic pressures hit their companies and in turn their net worth. Some gave away big pieces of their fortunes. One high-profile entrepreneur saw his purported multibillion-dollar net worth disappear almost overnight in a massive crypto business collapse.

Here’s a look at 10 billionaires whose net worth has declined in 2022.