November 28, 2008

Billionaires lose £100 billion

It seems that everyone has been feeling the pinch during this financial crisis and it comes to something when the billionaires are losing billions too.

It is very hard to feel sorry for billionaires but really, we should do, because these are the people who employ millions, they build large organisations and networks with other companies, the cycle starts off and just builds.

However, when it all goes wrong then these innovators lose out big time, below are just a few examples.

Warren Buffett LOSS : $13.6 billion
Sergey Brin and Larry Page : LOSS: $12.1 billion
Steve Ballmer :LOSS : $5.1 billion
Rupert Murdoch : LOSS : $4 billion
Jeff Bezos : LOSS : $3.6 billion
Bill Gates : LOSS : $3.5 billion
Steve Jobs : LOSS : $2.3 billion
Michael Dell : LOSS : $1.4 billion

Source [Politickler]