Biggest Billionaire Flops in 2008

During 2008, markets and currencies around the world plummeted and so did the net worth of some of the world's wealthiest people. The top ten biggest billionaire flops lost a combined sum of $150 billion. The following table lists the ten largest losses according to Forbes.com.

Net Worth  
March 2008 December 2008 Name Industry Source of Fortune Country of Citizenship
$42 billion $12 billion Anil Ambani Diversified Inherited India
$28 billion $10 billion Oleg Deripaska Diversified Self-made Russia
$1.6 billion $1 billion Anurag Dikshit Online gambling Self-made India
$1.1 billion $0 Bjorgflur Gudmundsson Finance Self-made Iceland
$1.2 billion $15 million Luis Portillo Inherited Real Estate Spain
$1.4 billion $150 million David Ross Self-made Communications United Kingdom
$3 billion $500 million Tulsi Tanti Self-made Energy India
$3.5 billion $2.5 billion Wong Kwong Yu Self-made Retail China
$3 billion $750 million Larry Yung Inherited Diversified China
$3.4 billion $350 million Konstantin Zhevago Self-made Diversified Ukraine

Source: Forbes.com. Web: www.forbes.com.

Ratio of Estimated Female to Male Earned Income, by Country 2005 Economic Statistics Economic Statistics by Country, 2005
Biggest Billionaire Flops, 2008,

highlights

Happy Surfing! 5 Safe Search Engines for Kids
These safe search engines for kids offer pre-screened sites and age-appropriate filters and content, so your child can have the freedom to browse the Internet while you have peace of mind that he's safe online.

Find Today's Newest & Best Children's Books!
Looking for newly released books for your child? Try our new Book Finder tool to search for new books by age, type, and theme, and create reading lists for kids!

Best School Supplies of 2015
It's time to stock up on the latest and greatest school supplies! Make sure your child has all the trendy accessories and must-have classroom staples he needs.

Ready for Kindergarten?
Try our award-winning Kindergarten Readiness app! This easy-to-use checklist comes with games and activities to help your child build essential skills for kindergarten. Download the Kindergarten Readiness app today!

stay connected

Sign up for our free email newsletters and receive the latest advice and information on all things parenting.

Enter your email address to sign up or manage your account.

Facebook icon Facebook icon Follow Us on Pinterest

editor’s picks