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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 👁 12.5M

Viral Crimes

Influencer Killed By Her Baby's Father Who Then Attended Her Funeral

⏲ 11 minutes 12 seconds 👁 53.8K

Celyn Kym

Muslim Lady HARRASED For PRAYING In Public, What Happened Next is Shocking **Emotional**

⏲ 6 minutes 26 seconds 👁 816.1K

Discover a glimpse into the intense world of the CBS cop drama S.W.A.T. Season 7 Episode 7 with the official clip titled “Preparing for the Worst,” crafted by the talented minds of Shawn Ryan and Aaron Rahsann Thomas. Join the riveting ensemble cast including Shemar Moore, Jay Harrington, Patrick St. Esprit and more as they navigate through high-stakes scenarios and gripping challenges.Experience the adrenaline-pumping action and gripping narratives by streaming S.W.A.T. now on Paramount+!<br/><br/>S.W.A.T. Cast:<br/><br/>Shemar Moore, Stephanie Sigman, Alex Russell, Lina Esco, Kenny Johnson, Peter Onorati, Jay Harrington, David Lim, Patrick St. Esprit, Rochelle Aytes and Amy Farrington <br/><br/>Stream S.W.A.T. now on Paramount+!

Preparing for the Worst on the Next Episode of CBS’ S.W.A.T.

⏲ 0:58 👁 7.9M

Christian Landmark

David Griffin - History of Early Bible Translations

⏲ 40 minutes 56 seconds 👁 314

Hermetic Order of the Golden Dawn®

TALK MAGICK: Spellworking Q & A with David Griffin and Leslie McQuade

⏲ 17 minutes 30 seconds 👁 9.6K

The latest episode of PBS series 'Finding Your Roots' saw Michael Douglas shocked after discovering he is related to Scarlett Johansson, and actress Lena Dunham was also stunned to find out she is related to Larry David.

'Are you kidding?!' Michael Douglas discovers he's related to fellow A-List actor

⏲ 0:57 👁 15.3M

Hermetic Order of the Golden Dawn®

\"Where Can You Practice Magick?\" The Golden Dawn Vlog with David Griffin

⏲ 4 minutes 51 seconds 👁 8.4K

ESPN

David Griffin says building around LeBron with Cavs was ‘miserable’ | The Jump

⏲ 4 minutes 53 seconds 👁 178.1K

David Beckham “liked” seeing his daughter-in-law with a fake baby bump on the set of her movie 'Lola'.

David Beckham 'liked' seeing daughter-in-law Nicola Peltz Beckham with a fake baby bump

⏲ 1:17 👁 3.5M

WGNO-TV / ABC26 / WNOL38

Pelicans VP David Griffin speaks with Jared Paul Joseph about the team halfway through the season

⏲ 2 minutes 13 seconds 👁 746

New Orleans Pelicans

David Griffin interview | 2023 New Orleans Pelicans Media Day

⏲ 29 minutes 24 seconds 👁 1.1K

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