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$14.2 trillion, on Forbes’ 2024 World’s Billionaires list—but not everyone is celebrating. An unlucky quarter of those on the ranking are poorer than they were in 2023. And 189 people fell below the $1 billion threshold, losing their membership to the three-comma club entirely.<br/><br/>These billionaire drop-offs include moguls behind some notable brands, such as Estée Lauder heir Gary Lauder; Hajime Satomi, former CEO of Japanese gaming company Sega Sammy; and David Tran, owner of the company behind Sriracha hot sauce.<br/><br/>The overwhelming majority of the losses came from China, one of the few huge markets to sputter in an otherwise-positive year amid fallout from slower economic growth, a property market glut, a decline in foreign investment and rising geopolitical tensions. China shed 133 billionaires (including Hong Kong and Macau) since last year’s list. That includes Tang Binsen, founder of the sparkling water company Chi Forest; Hui Ka Yan, chair of embattled real estate developer Evergrande Group; and copper and cable magnate Wang Wenyin, who was worth $19 billion a year ago but dropped from the list after a Chinese court froze his shares of metals company Amer International Group.<br/><br/>The United States, meanwhile, which has the most billionaires of any country, only saw eight billionaires drop from the ranks, followed by Japan (6) and Russia (5).<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/richardjchang/2024/04/02/heres-who-fell-off-forbes-2024-billionaires-list/?sh=5134cd861fd0<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

5 People Who Fell Off The 2024 Billionaires List

⏲ 5:6 👁 6.5M

Hip Hughes

The Spoils System Explained: US History Review

⏲ 3 minutes 57 seconds 👁 49K

Robin Banks

⏲ 3 minutes 👁 9.6K

Watch the massive Artemis 1 moon rocket arriving at Launch Complex 39B at the Kennedy Space Center in Florida.<br/><br/>Credit: Space.com | footage courtesy: NASA | edited by Steve Spaleta<br/>Music: “Our Rocket to the Stars” by Headlund /courtesy of Epidemic Sound

Time-Lapse Of NASA's Artemis 1 Moon Rocket Landing At Launch Pad 39B

⏲ 1:0 👁 3.6M

VocabularyHelp - Learn English Words With Meaning

😊 Learn English Words: SPOILS SYSTEM - Meaning, Vocabulary with Pictures and Examples

⏲ 1 minute 39 seconds 👁 2.1K

Mississippi State Personnel Board

To the Victor Go the Spoils: How the Spoils System Became a Merit System

⏲ 2 minutes 20 seconds 👁 576

Available Subtitles:<br/>Arabic | Bengali | English | French | Hindi | Indo | Japanese | Malay | Portuguese | Romanian | Russian | Thai | Turkish | Urdu | Vietnamese <br/><br/>Follow us @jhdanime on all platforms for latest episodes. <br/><br/>Thanks for faithfully watching on this channel and https://jhdanime.live

Battle Through the Heavens Season 5 Episode 90 Multi Sub

⏲ 23:43 👁 32M

The Daily Bellringer

Political Machines & The Spoils System | DAILY BELLRINGER

⏲ 5 minutes 15 seconds 👁 1.9K

The Standard of Truth Podcast

Republicans Cheat Too? How Some Republicans & Democrats Are On The Same Side

⏲ 11 minutes 19 seconds 👁 96

Witness India's technological prowess as the new generation ballistic missile, Agni-Prime, takes to the skies in a successful flight test. Launched from the APJ Abdul Kalam Island off the coast of Odisha, this milestone demonstrates India's commitment to advancing its indigenous defence capabilities. Stay tuned for more updates on India's strategic achievements.<br/> <br/>#AgniPrime #AgniPrimeFlight #AgniPrimeFlightTest #IndianAirForce #IndianNavy #BallisticMissile #AgniPrimeBallisticMissile #BallisticMissileTest #Oneindia<br/>~PR.274~ED.155~GR.125~HT.96~

India Achieves Milestone With Successful Testing of Agni-Prime Ballistic Missile | Oneindia News

⏲ 2:11 👁 1.5M

The Standard of Truth Podcast

Dark Side of the Republican Party: Patriots or Controlled Opposition?

⏲ 2 hours 3 minutes 8 seconds 👁 1.7K

Balkan Odyssey

Commie blocks are awesome, actually (a reply to Living Ironically in Europe & NFKRZ)

⏲ 23 minutes 55 seconds 👁 18.2K

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