A tenth of last year’s list failed to make the cut in 2022. A handful lost their billionaire status altogether.
It was a bit easier to make The Forbes 400 list of America’s richest people this year, with the minimum net worth dropping by $200 million, to $2.7 billion. Still, amid surging inflation and recoiling markets, 41 members of the 2021 Forbes 400 lost their spot among this elite set in 2022. Six lost their billionaire status altogether, while another five members of last year’s…
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