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Thursday, November 21, 2019

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

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Anna Papadopoulos
Editor, writer, teacher, consultant. Advocate for plain language, journalism, free speech, and tolerance. Feminist. Based in Sydney, Australia.
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