Billionaires Losing the Most Money
Bernard Arnault & family has lost the most since Forbes' last annual list: $53.8 billion. 1,067 people make this list as of November 7, 2026.
· Source: Forbes Real-Time Billionaires
| # | Name | Net worth | Today | Per second | Country |
|---|---|---|---|---|---|
| 1 | Bernard Arnault & familyLVMH | $124.2B | −$2.76B(−2.2%) | −$1,065/s | France |
| 2 | $154.9B | +$1.6B(+1.0%) | −$734/s | United States | |
| 3 | Lei JunSmartphones, automobiles | $24.4B | −$707.4M(−2.8%) | −$378/s | China |
| 4 | Low Tuck KwongCoal | $9.67B | +$28.19M(+0.3%) | −$349/s | Indonesia |
| 5 | Manuel VillarReal estate | $2.29B | — | −$295/s | Philippines |
| 6 | Yan JunjieAI | $1.47B | −$136.1M(−8.5%) | −$274/s | China |
| 7 | Colin HuangE-commerce | $29.26B | −$324.2M(−1.1%) | −$258/s | China |
| 8 | Ma HuatengOnline games | $45.56B | −$959.7M(−2.1%) | −$210/s | China |
| 9 | Pavel DurovMessaging app | $6.62B | — | −$207/s | United Arab Emirates |
| 10 | Anthoni SalimDiversified | $8.87B | −$152.4M(−1.7%) | −$202/s | Indonesia |
| 11 | Michael BloombergBloomberg LP | $94.92B | — | −$199/s | United States |
| 12 | Prajogo PangestuPetrochemicals, energy | $10.03B | −$318.5M(−3.1%) | −$197/s | Indonesia |
| 13 | R. Budi HartonoBanking, tobacco | $12.58B | +$151.1M(+1.2%) | −$194/s | Indonesia |
| 14 | Phil Knight & familyNike | $25.87B | −$295.7M(−1.1%) | −$188/s | United States |
| 15 | Sam Bankman-Friedcryptocurrency exchange | $0 | — | −$166/s | United States |
| 16 | Dustin MoskovitzFacebook | $8.78B | −$57.17M(−0.6%) | −$163/s | United States |
| 17 | Michal SolowowInvestments | $5.39B | — | −$152/s | Poland |
| 18 | Wang XingFood delivery | $7.2B | +$5.74M(+0.1%) | −$146/s | China |
| 19 | Lin BinSmartphones | $10.01B | −$267.4M(−2.6%) | −$136/s | United States |
| 20 | Liu DebingAI | $6.25B | −$730.5M(−10.5%) | −$136/s | China |
| 21 | $209.7B | +$1.72B(+0.8%) | −$124/s | United States | |
| 22 | Eric SprottAsset management | $2.23B | +$134.9M(+6.5%) | −$114/s | Canada |
| 23 | Reinhold Wuerth & familyFasteners | $29.6B | — | −$109/s | Germany |
| 24 | John Menard JrHome improvement stores | $17.5B | — | −$107/s | United States |
| 25 | Roberto Salloutibanking | $2.49B | +$6.87M(+0.3%) | −$105/s | Brazil |
| 26 | Wang ChuanfuBatteries, automobiles | $21.35B | −$237.9M(−1.1%) | −$99.82/s | China |
| 27 | Cui LixinAluminum | $3.49B | −$67.26M(−1.9%) | −$96.32/s | China |
| 28 | Zhang JianzhongSemiconductor | $2.57B | −$80.15M(−3.0%) | −$92.17/s | China |
| 29 | Kenneth DartInvestments | $4.48B | −$223.3M(−4.7%) | −$89.40/s | Belize |
| 30 | Zhou XiaopingAuto parts | $1.94B | −$58.83M(−2.9%) | −$88.98/s | China |
| 31 | Gina RinehartMining | $24.88B | — | −$87.54/s | Australia |
| 32 | Sherry BrydsonThomson Reuters | $12.55B | −$393.1M(−3.0%) | −$82.01/s | Canada |
| 33 | David CheritonGoogle | $10.19B | +$111.4M(+1.1%) | −$81.29/s | Canada |
| 34 | Liu JingkangCameras | $1.72B | −$66.66M(−3.7%) | −$80.46/s | China |
| 35 | Renato dos SantosBanking | $1.84B | +$5.07M(+0.3%) | −$79.30/s | Brazil |
| 36 | Scott FarquharSoftware | $10.69B | −$1.4B(−11.6%) | −$77.28/s | Australia |
| 37 | Huang Zelan & familymetals | $1.5B | −$42.3M(−2.7%) | −$76.69/s | China |
| 38 | Xu GaomingGold and jewelry | $4.33B | −$13.1M(−0.3%) | −$76.59/s | China |
| 39 | Mike Cannon-BrookesSoftware | $11.05B | −$1.4B(−11.3%) | −$76.25/s | Australia |
| 40 | Azim PremjiSoftware services | $8.18B | −$4.37M(−0.1%) | −$75.65/s | India |
| 41 | Li XiangElectric vehicles | $2.91B | +$141.6M(+5.1%) | −$74.99/s | China |
| 42 | Daniel GilbertRocket Mortgage | $24.01B | +$272.9M(+1.1%) | −$74.91/s | United States |
| 43 | Forrest LiOnline gaming, e-commerce | $5B | +$5.84M(+0.1%) | −$71.14/s | Singapore |
| 44 | Eric LiAutomobiles | $15.18B | −$259.2M(−1.7%) | −$69.57/s | China |
| 45 | Wei Jianjun & familyAutomobiles | $8.59B | −$127.1M(−1.5%) | −$69.47/s | China |
| 46 | Fan DaidiSkincare | $1.87B | −$39.31M(−2.1%) | −$67.92/s | China |
| 47 | Zhang HongchaoBubble tea | $3.57B | — | −$67.84/s | China |
| 48 | Zhang HongfuBubble tea | $3.57B | — | −$67.84/s | China |
| 49 | Chen BangdongElectricity transmission equipment | $1.69B | −$99.7M(−5.6%) | −$67.59/s | China |
| 50 | Lu XiangyangAutomobiles, batteries | $16.67B | −$156.9M(−0.9%) | −$65.88/s | China |
| 51 | Hsieh Wen-TaSemiconductor testing equipment | $3.28B | −$268M(−7.6%) | −$63.33/s | Taiwan |
| 52 | Lachhman Das MittalTractors | $2.81B | — | −$63.18/s | India |
| 53 | Alexander OttoReal estate | $6.21B | −$44.5M(−0.7%) | −$63.07/s | Germany |
| 54 | Vincent Bolloré & familyInvestments | $7.13B | +$6.86M(+0.1%) | −$62.72/s | France |
| 55 | Richard WhiteSoftware | $4.37B | −$24.58M(−0.6%) | −$61.90/s | Australia |
| 56 | Michael SaylorCryptocurrency | $4.29B | −$7.26M(−0.2%) | −$61.62/s | United States |
| 57 | Mat IshbiaMortgage lender | $6.71B | −$104.7M(−1.5%) | −$61.06/s | United States |
| 58 | Zhang ZhidongOnline games | $13.87B | −$261.1M(−1.8%) | −$59.92/s | China |
| 59 | Patrick RyanInsurance | $10.12B | −$67.76M(−0.7%) | −$58.87/s | United States |
| 60 | Shiv NadarSoftware services | $31.69B | +$114.7M(+0.4%) | −$55.50/s | India |
| 61 | Zhang CongyuanShoes | $7.5B | +$159.3M(+2.2%) | −$53.39/s | Taiwan |
| 62 | Rene BenkoReal estate, retail | $0 | — | −$52.89/s | Austria |
| 63 | Yoon Dae-inBiotech | $1.01B | −$38.6M(−3.7%) | −$52.06/s | South Korea |
| 64 | Thomas Hagen & familyInsurance | $5.57B | −$219.5M(−3.8%) | −$52.01/s | United States |
| 65 | Cho Hyun-joonDiversified | $2.23B | −$195.5M(−8.1%) | −$51.17/s | South Korea |
| 66 | David ThomsonThomson Reuters | $7.64B | −$239.3M(−3.0%) | −$50.61/s | Canada |
| 67 | Peter ThomsonThomson Reuters | $7.64B | −$239.3M(−3.0%) | −$50.61/s | Canada |
| 68 | Taylor ThomsonThomson Reuters | $7.64B | −$239.3M(−3.0%) | −$50.61/s | Canada |
| 69 | David DuffieldBusiness software | $11.36B | −$265.8M(−2.3%) | −$50.21/s | United States |
| 70 | Jack MaE-commerce | $26.08B | +$117.2M(+0.5%) | −$49.79/s | China |
| 71 | Lee Chae-yoonSemiconductors | $967.7M | −$72.83M(−7.0%) | −$49.36/s | South Korea |
| 72 | Lin Muqin & familyBeverages | $8.82B | −$32.91M(−0.4%) | −$49.06/s | China |
| 73 | Mangal Prabhat LodhaReal estate | $7.02B | +$112.6M(+1.6%) | −$48.99/s | India |
| 74 | Quek Leng ChanBanking, property | $7.43B | — | −$48.81/s | Malaysia |
| 75 | Alisher UsmanovSteel, telecom, investments | $14.24B | −$48.2M(−0.3%) | −$48.66/s | Russia |
| 76 | Jeff RothschildFacebook | $3.57B | +$353,920(+0.0%) | −$48.12/s | United States |
| 77 | Ravi JaipuriaSoft drinks, fast food | $11.18B | +$74.98M(+0.7%) | −$47.78/s | India |
| 78 | Yan ZhouSnacks | $2.31B | −$191.3M(−7.7%) | −$47.37/s | China |
| 79 | Kim Nam-gooKorea Investment Holdings | $1.21B | −$219.2M(−15.3%) | −$47.23/s | South Korea |
| 80 | Luo Liguo & familyChemicals | $2.83B | −$76.74M(−2.6%) | −$46.84/s | China |
| 81 | Jeff T. GreenDigital advertising | $1.55B | +$5.09M(+0.3%) | −$46.57/s | United States |
| 82 | Brian ArmstrongCryptocurrency | $6.85B | −$83.93M(−1.2%) | −$46.45/s | United States |
| 83 | He XiaopengElectric vehicles | $1.77B | +$115.2M(+7.0%) | −$46.13/s | China |
| 84 | Agoes ProjosasmitoMining, investment | $2.18B | −$37.43M(−1.7%) | −$45.82/s | Indonesia |
| 85 | Yu RenrongSemiconductors | $3.8B | −$71.86M(−1.9%) | −$45.47/s | China |
| 86 | Michael OttoRetail, real estate | $6.58B | — | −$43.83/s | Germany |
| 87 | Miuccia PradaLuxury goods | $4.38B | −$20.08M(−0.5%) | −$43.82/s | Italy |
| 88 | Sky XuE-commerce | $6.89B | +$105M(+1.5%) | −$43.78/s | China |
| 89 | Patrizio BertelliLuxury goods | $4.39B | −$20.1M(−0.5%) | −$43.72/s | Italy |
| 90 | Shapoor MistryDiversified | $5.83B | +$22.78M(+0.4%) | −$42.89/s | Ireland |
| 91 | Dewi KamCoal | $2.64B | +$9.22M(+0.4%) | −$42.81/s | Indonesia |
| 92 | Gil ShwedSoftware | $4.29B | −$106.2M(−2.4%) | −$41.82/s | Israel |
| 93 | Michael KimPrivate equity | $7.7B | — | −$41.48/s | United States |
| 94 | Wang ZhenggenSolar power equipment | $1.25B | −$26.65M(−2.1%) | −$40.75/s | China |
| 95 | Gary Wangcryptocurrency exchange | $0 | — | −$40.72/s | United States |
| 96 | Georg Nemetschek & familySoftware | $4.95B | −$214.5M(−4.2%) | −$40.61/s | Germany |
| 97 | Stephen SchwarzmanInvestments | $42.35B | −$99.45M(−0.2%) | −$40.59/s | United States |
| 98 | Zhang YongRestaurants | $4.57B | −$5.49M(−0.1%) | −$40.15/s | Singapore |
| 99 | Wu JianshuAuto parts | $7.28B | −$166.2M(−2.2%) | −$39.93/s | Hong Kong |
| 100 | Gaye FarncombeThomson Reuters | $6B | −$188M(−3.0%) | −$39.47/s | Canada |
| 101 | Linda CampbellThomson Reuters | $6B | −$188M(−3.0%) | −$39.47/s | Canada |
| 102 | Kim Sang-beomSemiconductors | $992.9M | −$117M(−10.5%) | −$38.60/s | South Korea |
| 103 | Hans Georg Naeder & familyProsthetics | $2.95B | −$107.3M(−3.5%) | −$38.58/s | Germany |
| 104 | Djoko SusantoSupermarkets | $1.55B | +$43.62M(+2.9%) | −$38.52/s | Indonesia |
| 105 | Li WanqiangSmartphones | $2.56B | −$69.57M(−2.6%) | −$38.39/s | China |
| 106 | Hong FengSmartphones | $2.56B | −$70.1M(−2.7%) | −$38.34/s | China |
| 107 | Wu YajunReal estate | $4.77B | −$89.56M(−1.8%) | −$38.27/s | China |
| 108 | Radhakishan DamaniRetail, investments | $13.48B | −$1.76M(−0.0%) | −$37.94/s | India |
| 109 | Su HuaVideo streaming | $1.9B | −$26.52M(−1.4%) | −$37.49/s | China |
| 110 | Liu HanyuanAgribusiness, new energy | $6.05B | −$38.99M(−0.6%) | −$36.52/s | China |
| 111 | Sergio Stevanato & familyMedical packaging | $3.46B | +$83.01M(+2.5%) | −$36.39/s | Italy |
| 112 | Zhang Xinghai & familyMachinery | $1.58B | −$20.05M(−1.3%) | −$36.04/s | China |
| 113 | Otto Toto SugiriData centers | $5.18B | −$373M(−6.7%) | −$35.93/s | Indonesia |
| 114 | Georg StumpfReal estate, construction | $9B | +$8.11M(+0.1%) | −$35.69/s | Austria |
| 115 | Richard LiuE-commerce | $6.01B | +$77.22M(+1.3%) | −$35.36/s | China |
| 116 | Chen BangHospitals | $6.22B | +$11.45M(+0.2%) | −$35.12/s | China |
| 117 | Cheng YixiaoVideo streaming app | $1.43B | −$23.42M(−1.6%) | −$35.03/s | China |
| 118 | Wang WenjingBusiness software | $1.94B | −$80.63M(−4.0%) | −$34.74/s | China |
| 119 | Gang YeOnline gaming, e-commerce | $3.25B | +$2.33M(+0.1%) | −$34.63/s | Singapore |
| 120 | Xu ShihuiSnacks, beverages | $4.45B | — | −$34.58/s | China |
| 121 | Mohammad AbunayyanDiversified | $1.47B | — | −$34.15/s | Saudi Arabia |
| 122 | Zhang YuboSemiconductor | $988.2M | −$30.79M(−3.0%) | −$34.04/s | China |
| 123 | Leng YoubinInfant formula | $2.29B | −$2.73M(−0.1%) | −$33.87/s | China |
| 124 | Tomasz BiernackiSupermarkets | $4.8B | −$313.7M(−6.1%) | −$33.65/s | Poland |
| 125 | Cai HaoyuMobile games | $5.4B | — | −$33.63/s | China |
| 126 | Cai Zaihuachemicals | $999.3M | −$41.68M(−4.0%) | −$33.51/s | China |
| 127 | Gao MingqingMining | $1.9B | −$49.07M(−2.5%) | −$33.25/s | China |
| 128 | Huang Jiangjismartphones | $2.22B | −$61.6M(−2.7%) | −$33.25/s | Hong Kong |
| 129 | Carl IcahnInvestments | $2.93B | −$235M(−7.4%) | −$33.03/s | United States |
| 130 | Jeff TangneyHealthcare IT | $1.83B | −$36.74M(−2.0%) | −$33.00/s | United States |
| 131 | Andrew BialeckiMarketing software | $1.73B | −$7.75M(−0.4%) | −$32.96/s | United States |
| 132 | Marina BudimanData centers | $3.24B | −$280.7M(−8.0%) | −$32.90/s | Indonesia |
| 133 | J. Hyatt BrownInsurance | $2.85B | −$81.36M(−2.8%) | −$32.66/s | United States |
| 134 | Mu RongjunE-commerce | $1.36B | +$1.11M(+0.1%) | −$32.51/s | China |
| 135 | Chip WilsonLululemon | $5.16B | +$7.84M(+0.2%) | −$32.42/s | Canada |
| 136 | Marcos GalperinE-commerce | $6.36B | −$71.99M(−1.1%) | −$32.40/s | Argentina |
| 137 | Travis BoersmaCoffee | $2.39B | −$36.15M(−1.5%) | −$31.89/s | United States |
| 138 | Ben NavarroInvestments | $3.19B | — | −$31.85/s | United States |
| 139 | Klaus-Peter SchulenbergTicketing service | $3.72B | −$75.27M(−2.0%) | −$31.17/s | Germany |
| 140 | Lu RuiboHigh-precision components | $951.5M | −$54.54M(−5.4%) | −$31.01/s | China |
| 141 | Jennifer GilbertRocket Mortgage | $5.06B | +$75.37M(+1.5%) | −$30.56/s | United States |
| 142 | Yao LiangsongFurniture | $2.46B | — | −$30.43/s | China |
| 143 | Marie-Hélène Habert-DassaultDiversified | $9.06B | −$63.46M(−0.7%) | −$30.41/s | France |
| 144 | Thierry DassaultDiversified | $9.06B | −$63.46M(−0.7%) | −$30.41/s | France |
| 145 | Zhang TaoE-commerce | $3.28B | +$1.34M(+0.0%) | −$30.08/s | China |
| 146 | Vadim MoshkovichAgriculture, land | $1.38B | — | −$30.01/s | Russia |
| 147 | Mukesh AmbaniDiversified | $90.99B | +$326.7M(+0.4%) | −$29.96/s | India |
| 148 | Walter WangManufacturing | $2.13B | −$4.65M(−0.2%) | −$29.18/s | United States |
| 149 | Laurent DassaultDiversified | $9.13B | −$63.47M(−0.7%) | −$29.15/s | France |
| 150 | Tim SweeneyVideo games | $4.24B | — | −$28.96/s | United States |
| 151 | Emad Al MuhaidibDiversified | $2.34B | — | −$28.90/s | Saudi Arabia |
| 152 | Prayudh MahagitsiriCoffee, shipping | $1.05B | −$2.96M(−0.3%) | −$28.70/s | Thailand |
| 153 | Wang ChangtianTV, movie production | $2.36B | −$48.62M(−2.0%) | −$28.56/s | China |
| 154 | Tse Ping & familyPharmaceuticals | $3.27B | −$11.88M(−0.4%) | −$28.36/s | China |
| 155 | Essam Al MuhaidibDiversified | $2.18B | — | −$28.03/s | Saudi Arabia |
| 156 | Sulaiman Al MuhaidibDiversified | $2.18B | — | −$28.03/s | Saudi Arabia |
| 157 | Rajiv JainFinance | $3.3B | −$43.45M(−1.3%) | −$27.67/s | United States |
| 158 | Niels Peter Louis-HansenMedical devices | $4.62B | −$131.2M(−2.8%) | −$27.24/s | Denmark |
| 159 | Ricardo Salinas Pliego & familyRetail, media | $3.53B | — | −$27.13/s | Mexico |
| 160 | Qin HuaPet Food | $1.03B | +$1.92M(+0.2%) | −$27.11/s | China |
| 161 | Zhao DingSnacks | $1.44B | −$119M(−7.7%) | −$26.93/s | China |
| 162 | Scott CookSoftware | $5.25B | −$70.62M(−1.3%) | −$26.65/s | United States |
| 163 | Salil SinghalAgrochemicals | $1.36B | −$29.09M(−2.1%) | −$26.55/s | India |
| 164 | Mark Leonard & familySoftware | $3.86B | +$16.03M(+0.4%) | −$26.55/s | Canada |
| 165 | Liu Zhenfengoilfield equipment | $1.45B | −$142.4M(−9.0%) | −$26.53/s | China |
| 166 | Mochtar Riady & familyDiversified | $1.28B | −$18M(−1.4%) | −$26.06/s | Indonesia |
| 167 | Albert Chao & familyChemicals, building products | $2.68B | −$88.35M(−3.2%) | −$26.04/s | United States |
| 168 | Dorothy Chao Jenkins & familyChemicals, building products | $2.68B | −$88.35M(−3.2%) | −$26.04/s | United States |
| 169 | James Chao & familyChemicals, building products | $2.68B | −$88.35M(−3.2%) | −$26.04/s | United States |
| 170 | Hiroshi MikitaniOnline retail | $3.09B | −$171.8M(−5.3%) | −$25.96/s | Japan |
| 171 | Dylan FieldSoftware | $1.07B | +$19.46M(+1.9%) | −$25.57/s | United States |
| 172 | Liu ShengjunMechanical equipment | $1.07B | −$7.03M(−0.7%) | −$25.32/s | China |
| 173 | Zhang JianElectric bikes, scooters | $2.22B | −$21.59M(−1.0%) | −$25.27/s | China |
| 174 | Sulaiman Al HabibHospital group | $9.63B | — | −$25.21/s | Saudi Arabia |
| 175 | Vinod Rai GuptaElectrical equipment | $3.33B | +$142M(+4.5%) | −$25.19/s | India |
| 176 | Zhu Yan & familyReal estate | $5.83B | +$8.5M(+0.1%) | −$25.14/s | China |
| 177 | Robert Rich JrFrozen foods | $5.84B | — | −$24.97/s | United States |
| 178 | Radha VembuBusiness software | $2.05B | — | −$24.75/s | India |
| 179 | Park Dong-sukElectrical equipment | $1.49B | −$149M(−9.1%) | −$24.55/s | South Korea |
| 180 | Carl BennetInvestments | $9.36B | −$135.6M(−1.4%) | −$24.48/s | Sweden |
| 181 | Jian JunBiomedical products | $1.76B | −$20.07M(−1.1%) | −$24.44/s | China |
| 182 | Benu Gopal BangurCement | $6.17B | +$78.75M(+1.3%) | −$24.35/s | India |
| 183 | Sergey DmitrievSoftware | $1.39B | — | −$23.96/s | Cyprus |
| 184 | Tsai Eng-mengFood, beverages | $5.41B | −$4.42M(−0.1%) | −$23.58/s | Taiwan |
| 185 | Willis JohnsonDamaged cars | $1.95B | −$28.74M(−1.5%) | −$22.85/s | United States |
| 186 | Marc BenioffBusiness software | $8.65B | −$197.9M(−2.2%) | −$22.80/s | United States |
| 187 | Ronda StrykerMedical equipment | $7.45B | −$136.5M(−1.8%) | −$22.70/s | United States |
| 188 | Zhou HongyiSecurity software | $1.85B | −$31.01M(−1.6%) | −$22.66/s | China |
| 189 | Acharya BalkrishnaConsumer goods | $2.25B | — | −$22.66/s | India |
| 190 | Ye GuofuRetail | $1.47B | — | −$22.34/s | China |
| 191 | Carl CookMedical devices | $9.47B | — | −$22.28/s | United States |
| 192 | Michel LitvakSeaport | $1.38B | — | −$22.21/s | Russia |
| 193 | Reinhold SchmiedingMedical devices | $5.78B | — | −$22.20/s | United States |
| 194 | Steve Lavin & familyMeat processing | $4.28B | — | −$22.16/s | United States |
| 195 | Lee Kar WhattDollar store | $1.34B | — | −$21.94/s | Malaysia |
| 196 | Ruan HongliangGlass | $1.39B | −$4.7M(−0.3%) | −$21.91/s | China |
| 197 | Shigenobu NagamoriMotors | $1.69B | −$53M(−3.0%) | −$21.88/s | Japan |
| 198 | Firoz MistryDiversified | $2.92B | +$11.39M(+0.4%) | −$21.45/s | Ireland |
| 199 | Zahan MistryDiversified | $2.92B | +$11.39M(+0.4%) | −$21.45/s | Ireland |
| 200 | Huang YiCar dealerships | $1.03B | −$9.67M(−0.9%) | −$21.12/s | Hong Kong |
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Frequently asked questions
Which billionaire has lost the most money?
Bernard Arnault & family has lost the most since Forbes' last annual list: $53.8 billion. Figures are Forbes' real-time estimates as of November 7, 2026.