If you’ve agonized while your 401k plan turned into a 101k, take heart. Even the planet’s wealthiest people had a rough year, according to Forbes magazine’s latest ranking of the world’s billionaires. Consider Warren Buffet: The Oracle of Omaha saw his fortune decline $25 billion as shares of Berkshire Hathaway fell nearly 50% in 12 months. While Bill Gates regained his title of the World’s Richest Man, he still lost $18 billion along the way. This year the world’s billionaires have an average net worth of $3 billion, down 23% in 12 months, Forbes found. Moreover, the world now has 793 billionaires, compared to 1,125 a year ago. Looks like it’s getting lonelier at the top Nor does it pay as well as it used to.
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