Billionaires That Lost Big Bucks

November 27, 2008 by Graham Brown

Remember that sinking feeling when you last dared to take a glimpse at your IRA? Well, imagine taking a little gander at your finances only to spot of billion dollar losses. Yes, billion with a B. For a handful of the world’s wealthiest business elites, the downward spiraling world economy meant jaw-dropping dips. The biggest losers included: Indian billionaire Anil Ambani ($32.5B lost), Lakshmi Mittal ($30.5B lost), casino magnate Sheldon Adelson ($30B lost) and Warren Buffett ($13.6B lost.) Ouch, remember to save up those pennies for a rainy day (or year.)

Source: Truemors