info@ceoworld.biz
Sunday, October 25, 2020

Stats Gate

Down And Off: The 27 Billionaires Who Fell Off The Forbes 400 Club In 2019

A tumultuous 2019 knocked twenty-seven billionaires out of The Forbes 400 billionaires club. Five members of last year’s list passed away, including Microsoft co-founder Paul Allen, who died of lymphoma in October.

The remaining four who died in the last year: David Koch ($53.5 billion); H. Ross Perot ($20.3 billion); Robert McNair ($3.8 billion), and Alexander Spanos ($2.4 billion).

That minimum net worth ($2.1 billion) for inclusion hasn’t changed since last year.

Billionaire Drop-Offs: Here is a full list of the people who dropped off The Forbes 400 club in 2019, along with their current net-worths:

  1. S. Daniel Abraham
    Net worth: $2 billion
    Source of wealth: Slim-Fast
  2. Glenn Dubin
    Net worth: $2 billion
    Source of wealth: Hedge funds
  3. Kenneth Feld
    Net worth: $2 billion
    Source of wealth: Live entertainment
  4. Nick Caporella
    Net worth: $1.9 billion
    Source of wealth: Beverages
  5. Lorenzo and Frank Fertitta
    Net worth: $1.9 billion each
    Source of wealth: Casinos and mixed martial arts
  6. Jorge Perez
    Net worth: $1.9 billion
    Source of wealth: Real estate
  7. Larry Robbins
    Net worth: $1.9 billion
    Source of wealth: Hedge funds
  8. William Young
    Net worth: $1.9 billion
    Source of wealth: Plastics
  9. Leslie Alexander
    Net worth: $1.7 billion
    Source of wealth: Sports
  10. Phillip Frost
    Net worth: $1.7 billion
    Source of wealth: Pharmaceuticals
  11. Alexandra Daitch
    Net worth: $1.7 billion
    Source of wealth: Cargill
  12. Sarah MacMillan
    Net worth: $1.7 billion
    Source of wealth: Cargill
  13. Lucy Stitzer
    Net worth: $1.7 billion
    Source of wealth: Cargill
  14. Katherine Tanner
    Net worth: $1.7 billion
    Source of wealth: Cargill
  15. Anita Zucker
    Net worth: $1.7 billion
    Source of wealth: Chemicals
  16. David Zalik
    Net worth: $1.6 billion
    Source of wealth: Financial technology
  17. Steve Conine
    Net worth: $1.6 billion
    Source of wealth: Online retail
  18. John Farber
    Net worth: $1.6 billion
    Source of wealth: Chemicals
  19. Niraj Shah
    Net worth: $1.6 billion
    Source of wealth: Online retail
  20. Drew Houston
    Net worth: $1.4 billion
    Source of wealth: Cloud storage service
  21. Osman Kibar
    Net worth: $1.4 billion
    Source of wealth: biotech

IN MEMORIAM:

  1. David Koch, 79
    Died: Aug. 23, 2019
    Net worth: $53.5 billion
    Source of wealth: Koch Industries
  2. Paul Allen, 65
    Died : Oct. 15, 2018
    Net worth: $20.3 billion
    Source of wealth: Microsoft, investments
  3. H. Ross Perot, 89
    Died: July 9, 2019
    Net worth: $4.2 billion
    Source of wealth: Computer services, real estate
  4. Robert McNair, 81
    Died: Nov. 23, 2018
    Net worth: $3.8 billion
    Source of wealth: Energy, Houston Texans
  5. Alexander Spanos, 95
    Died: Oct. 9, 2018
    Net worth: $2.4 billion
    Source of wealth: Real estate, Los Angeles Chargers

Have you read?

For those who are planning their next business trip, here are the best hotels to for business travelers to stay in San Francisco, Miami, Boston, Nashville, Key West, and Athens.

Anna Papadopoulos

Anna Papadopoulos

Deputy Managing Editor
Anna Papadopoulos is a Deputy Managing Editor at CEOWORLD magazine, covering success, business, lifestyle, entrepreneurship, careers and more. Shea is responsible for driving thought leadership, using data analytics to showcase CEOWORLD magazine’s editorial imagination, and fostering knowledge sharing between magazine and readers. She can be reached on email anna-papadopoulos@ceoworld.biz. You can follow her on Twitter at @ceoworld.