Up in Smoke

Greenberg, Duncan; Serafin, Tatiana; Fitch, Stephane; Miller, Matthew; von Zeppelin, Cristina
March 2009
Forbes Asia;3/30/2009, Vol. 5 Issue 5, p24
The article focuses on the financial challenges of billionaires. It mentions that billionaires in the world have a collective net worth of 2.4 trillion dollars, dropped 2 trillion dollars from 2008 and 87% of the 752 the richest people in the world who kept their figure fortunes saw personal balance sheets falter. It notes that Anil Ambani lost 31.9 billion dollars as shares of his Reliance Communications. INSETS: Currency Collapse;Sizzling Stocks.


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