10 Billionaires Who Have Lost Big in 2022

Slideshow November 28, 2022 at 10:29 PM
Share & Print

Kanye West (now officially Ye), who reportedly lost his billionaire status after antisemitic comments prompted companies to cut ties to him, is hardly alone among billionaires who've seen their fortunes shrink this year. Perhaps their wealth didn't plunge by as big a percentage, and they weren't done in by offensive statements, but many of the wealthiest investors, CEOs and heirs have seen their fortunes shrink to varying degrees. Some have seen rough financial markets and other economic pressures hit their companies and in turn their net worth. Some gave away big pieces of their fortunes. One high-profile entrepreneur saw his purported multibillion-dollar net worth disappear almost overnight in a massive crypto business collapse. Here's a look at 10 billionaires whose net worth has declined in 2022.