Kanye West fell off Forbes' billionaires list after losing about $1.6 billion of his net worth when he lost several business deals after making antisemitic comments.
– comprised of cash, real estate and the value of his music. He also owns 5% of Skims, the shapewear brand founded by his ex-wife Kim Kardashian, with whom he has four children.
Forbes says there are 2,640 billionaires in the world and nearly half of them are poorer than they were in 2022, with inflation, a drop in crypto and the war in Ukraine contributing to many of their losses. Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, also fell off the list after beinglast December for allegedly cheating investors out of billions of dollars. He has been extradited to the U.S. and faces 13 charges.
Other notable people who fell off the list include Andy Fang and Stanley Tang, cofounders of DoorDash, and Capital One CEO Richard Fairbank. , but as of April 4, his net worth was back up to $1 billion.
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