Gone (For Now)

Forbes - - Drop-offs -

THE COM­MODI­TIES rout, equity mar­ket may­hem and global eco­nomic un­cer­tainty have dented the wealth of many of the world’s rich­est. This past year 221 bil­lion­aires got knocked off our list; not since 2009—when the credit cri­sis ex­iled 355 from the three-comma club—have so many fallen in one year.

China lost the most—42— fol­lowed by the U.S., which had 25 new ex-bil­lion­aires. Brazil lost 23 bil­lion­aires, while 19 Rus­sians and 15 from In­dia got the boot—giv­ing a whole new mean­ing to the term “BRIC econ­omy.” rubens ometto SIL­VEIRA mello The world’s first ethanol bil­lion­aire, a Brazil­ian, runs pub­licly traded Cosan, a con­glom­er­ate based in São Paulo. The oil glut has been bad for both al­ter­na­tive fu­els and fuel ad­di­tives; shares in Cosan are down 62% from a year ago.

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