Pity poor Bill Gates! In this terrible economy, he lost $7 billion last year, bringing his net worth down to… $50 Billion.
Don't worry! He's still the richest man on the planet, but he's less richer than everybody else than last year. Other losers on this year's Forbes 400 include Paul Allen, who lost $4.5 billion, Michael Dell, who lost $2.8 billion, and Steve Ballmer, who lost $1.7 billion.
Amazon's Jeff Bezos, unlike all the other tech mavens on the list who lost money, actually made $100 million this year, bringing his value up to $8.8 billion. Good for him! I'm sure that made a fucking difference. [Forbes via Fortune]