Kanye West (now formally Ye), who reportedly misplaced his billionaire standing after antisemitic feedback prompted firms to chop ties to him, is hardly alone amongst billionaires who’ve seen their fortunes shrink this yr.
Maybe their wealth didn’t plunge by as large a share, and so they weren’t finished in by offensive statements, however lots of the wealthiest buyers, CEOs and heirs have seen their fortunes shrink to various levels.
Some have seen tough monetary markets and different financial pressures hit their firms and in flip their web price. Some gave away large items of their fortunes. One high-profile entrepreneur noticed his purported multibillion-dollar web price disappear nearly in a single day in an enormous crypto enterprise collapse.
Right here’s a have a look at 10 billionaires whose web price has declined in 2022.
