5 Biggest Billionaire Losers in 2024

In this article, we will look at the 5 biggest billionaire losers in 2024. If you want to read our detailed analysis, go directly to the 25 Biggest Billionaire Losers in 2024.

5. Carl Icahn

Net Worth in 2023: $17.5 Billion

Net Worth in 2024: $6 Billion

Change in Net Worth: -$11.5 Billion

Carl Icahn ranks fifth among the biggest billionaire losers in 2024 as he lost over $11 billion of his net worth. Icahn is one of Wall Street’s most successful investors and is the founder of Icahn Capital Management.

4. Zhong Shanshan

Net Worth in 2023: $68 Billion

Net Worth in 2024: $56.20 Billion

Change in Net Worth: -$11.8 Billion

Zhong Shanshan is the founder and chairman of Nongfu Spring, a bottled water company. Shanshan’s net worth was around $68 billion in 2023 and today it is around $56 billion.

3. Wang Wenyin

Net Worth in 2023: $19 Billion

Net Worth in 2024: $6.35 Billion

Change in Net Worth: -$12.6 Billion

Wang Wenyin is the founder of copper and cable conglomerate Amer. Since 2023, Wenyin’s net worth has declined by over $12.6 billion and ranks third among the biggest billionaire losers in 2024.

2. Bernard Arnault

Net Worth in 2023: $211 Billion

Net Worth in 2024: $195.50 Billion

Change in Net Worth: -$15.5 Billion

Bernard Arnault is the CEO of the French luxury firm, LVMH. With a loss of almost $15.5 billion from his net worth of $211 billion in 2023, Bernard Arnault ranks second among the biggest billionaire losers in 2024.

1. François Pinault

Net Worth in 2023: $40.1 Billion

Net Worth in 2024: $22.80 Billion

Change in Net Worth: -$17.3 Billion

François Pinault founded Kering, which owns some of the top luxury brands including Saint Laurent, Alexander McQueen, and Gucci. With a drop of over $17 billion in his net worth since 2023, François Pinault ranks first a

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