Billionaires that Fell off Forbes’ List in 2010

New information and legal investigations have led to some changes in Forbes’ list of world’s billionaires. Some of the modifications have been explained by the magazine, but others remain a mystery, especially in those cases where the fortunes of the persons concerned have actually grown in the last year.
Most of the drop-offs are Americans, but that is easy to explain why: approximately half of the world’s billionaires are from the United States. Here are the names of the 2010 billionaires that fell of the famous list, according to Forbes.

– Marc Rich: last year he had an estimated net worth of $1 billion, but Forbes sais the estimate was “likely low”

– Dorrance Hamilton: her $1 billion net worth actually grew last year. Still, Forbes decided it was time for her to leave the spot.

– Joyce Raley Teel: listed at $1 billion last year.

– Carl Lindner: listed at $1.7 billion last year.

– Jon Huntsman: listed at $1 billion last year.

– Edgar Bronfman Sr.: Forbes said that because of “new evidence”, the man had to be dropped off. His net worth was estimated at $2.6 billion last year.

– Robert Fisher: listed at $1.1 last year.

– Margaret Magerko: listed at $1 billion last year.

– Samuel Wyly: estimated to have a net worth of about $1 billion last year, the man became a drop-off after a SEC investigation into alleged tax shelters.

– Jess Jackson: listed at $1.9 billion.

– Tamir Sapir: listed at $1.9 billion.

– Hamilton “Tony” James: the president of Blackstone Group has had a really good year, with shares going up, so we can’t say why he is a drop-off. He was listed at $1.1 last year.

– Mario Gabelli: listed at $1 billion last year.

– Steven Schonfeld: all we know is that the man has recently bought a $90 million house and that last year he was listed at $1 billion.

– Dwight Schar: listed at $1 billion last year.

– Charles Zegar: Zegar had a good year last year, and he even signed the Giving Pledge. He had been estimated to have a $1 billion net value.

– Patrick Bowlen: listed at $1 billion last year.

By : 12 Mar 2011
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