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$14.2 trillion, on Forbes’ 2024 World’s Billionaires list—but not everyone is celebrating. An unlucky quarter of those on the ranking are poorer than they were in 2023. And 189 people fell below the $1 billion threshold, losing their membership to the three-comma club entirely.<br/><br/>These billionaire drop-offs include moguls behind some notable brands, such as Estée Lauder heir Gary Lauder; Hajime Satomi, former CEO of Japanese gaming company Sega Sammy; and David Tran, owner of the company behind Sriracha hot sauce.<br/><br/>The overwhelming majority of the losses came from China, one of the few huge markets to sputter in an otherwise-positive year amid fallout from slower economic growth, a property market glut, a decline in foreign investment and rising geopolitical tensions. China shed 133 billionaires (including Hong Kong and Macau) since last year’s list. That includes Tang Binsen, founder of the sparkling water company Chi Forest; Hui Ka Yan, chair of embattled real estate developer Evergrande Group; and copper and cable magnate Wang Wenyin, who was worth $19 billion a year ago but dropped from the list after a Chinese court froze his shares of metals company Amer International Group.<br/><br/>The United States, meanwhile, which has the most billionaires of any country, only saw eight billionaires drop from the ranks, followed by Japan (6) and Russia (5).<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/richardjchang/2024/04/02/heres-who-fell-off-forbes-2024-billionaires-list/?sh=5134cd861fd0<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
5 People Who Fell Off The 2024 Billionaires List
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The world’s billionaires are riding high, with Forbes finding a record 2,781 of them around the globe this year, worth a record $14.2 trillion altogether. With many markets up, the surge in wealth has made 265 people billionaires over the past year, up from 150 newcomers in 2023.<br/><br/>These fresh faces include a fashion legend, an NBA hall-of-famer and one very famous popstar. They collectively command $510 billion in wealth, or $1.9 billion on average, and hail from 32 countries.<br/><br/>Once again, the United States leads the pack, with 67 Americans joining the ranks. The wealthiest among them is Todd Graves, the founder of fast-food chain Raising Cane's, whose net worth stands at an estimated $9.1 billion. China maintains the second spot, nearly doubling its number of new billionaires from last year, to 31, despite troubles in the Asian nation. The richest are Maggie Gu, Molly Miao and Ren Xiaoqing (worth an estimated $4.2 billion each), who cofounded the Gen Z fast-fashion giant Shein. India, meanwhile, added 25 new billionaires, including Renuka Jagtiani ($4.8 billion), the chief executive of e-commerce conglomerate Landmark Group, which was founded by her late husband Micky Jagtiani, who died in May 2023.<br/><br/>The richest women to join the ranks this year: Sofia Högberg Schörling and her sister Märta Schörling Andreen. The two daughters of Swedish investing tycoon Melker Schörling, who died in late 2023, have estimated net worths of $5.6 billion each. They are among 46 women to become billionaires over the past year.<br/><br/>The most famous newcomer is, of course, Taylor Swift, whose record-breaking, five-continent Eras Tour is the first to surpass $1 billion in revenue. The 34-year-old pop star amassed an estimated $1.1 billion fortune, based on earnings from the blockbuster tour, the value of her music catalog and her real estate portfolio. Swift is the first musician to hit ten-figure status solely based on her songs and performances.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/segunolakoyenikan/2024/04/02/new-billionaires-2024-taylor-swift-magic-johnson-and-263-others-join-the-ranks-this-year/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://for
Taylor Swift, Magic Johnson And The Newly-Minted Billionaires Of 2024
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Almost three in five Americans are taking their sustainability efforts more seriously today than they were five years ago, according to new research.<br/><br/>A survey of 2,000 U.S. adults found that 41% admit that using disposable products makes them feel guilty about harming the environment.<br/><br/>Yet, 23% admit to “always” or “often” throwing away their reusable items such as bags, food containers and water bottles.<br/><br/>Over the last year, respondents purchased 14 boxes of plastic bags, 11 plastic cups, nine single-use silverware packs, 17 paper towel packages and 15 paper plates — totaling 65 disposable purchases. <br/><br/>But even so, many say they reuse plastic bags (57%), plastic water bottles (44%), takeout containers (44%) and even their single-use utensils (30%).<br/><br/>Conducted by OnePoll on behalf of Stasher, the survey also revealed that Americans are investing in sustainable products, though their efforts may be counterintuitive. <br/><br/>The average American has 51 reusable items in their home but admit that they use less than half (45%) on a regular basis.<br/><br/>These items include three water bottles and thermoses, three plastic or metal straws and five plastic bag alternatives. And that’s not even counting their food storage containers (6), reusable shopping bags (5) and other miscellaneous items (5). <br/><br/>The average American has bought $54 of new reusable equipment in the past year, though 21% say that figure is over $90. <br/><br/>But do they buy these items to be more eco-friendly? For 45%, it’s because they wanted a variety of sizes, followed by needing an alternative in case they can’t use their favorite item (26%).<br/><br/>Others seem to be jumping on the bandwagon, as 19% are opting for a variety of colors whereas 9% say it’s because the item is considered trendy.<br/><br/>This may be because while many still see the term “sustainable” as saving the planet (40%), others see it as a marketing technique (11%), another trend (8%) or even a status symbol (7%).<br/><br/>“It’s refreshing to see that more than half of those surveyed (59%) are taking their sustainability efforts more seriously than five years ago,” said Hilary McGuigan, Vice <br/>President of Marketing at Stasher. “It’s an encouraging sign that people feel empowered to make changes in their own lives and have the agency to reduce their reliance on plastic waste and other single-use items. However, results found that there’s work to be done for their friends, family and businesses, as just 14% believe they’re taking their efforts ‘much more seriously’.” <br/><br/>Interestingly, the survey also revealed that 73% of respondents believe that corporations have a duty to protect the environment.<br/><br/>Almost one in five (16%) admit they’ve gone so far as to “cancel” a brand for their non-eco-friendly practices.<br/><br/>In fact, 12% of respondents believe that the sustainability factor is the most important part when it comes to making a purchase. <br/><br/>One in five (21%) are willing to pay a higher price for something that’s sustainable, as well as waiting for longer shipping times (23%). <br/><br/>Almost half (48%) say they’re already experiencing the effects of climate change firsthand, and of the 20% who aren’t a quarter of those respondents are concerned that they will in their lifetime. <br/><br/>This may be why almost two-thirds (61%) of respondents agree that every month should be Earth Month.<br/><br/>“Nearly half (49%) of survey respondents remain unswayed to make a sustainable purchase based on a company’s Earth Month sales,” said Clayton Wiley, Vice President of Sales at Stasher. “Which is all the more reason as to why we should collectively celebrate the Earth every day and make choices that are better for the planet beyond April.” <br/><br/>Survey methodology:<br/>This random double-opt-in survey of 2,000 general population Americans was commissioned by Stasher between Feb. 13 and Feb. 18, 2024. It was conducted by market research company OnePoll, whose team members are members of the Market Research Society and have corporate membership to the American Association for Public Opinion Research (AAPOR) and the European Society for Opinion and Marketing Research (ESOMAR).
Are Americans’ sustainability efforts counterintuitive?
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Explore an ever-changing underwater realm and immerse yourself in the sights and sounds of the Veiled Sea. Dive, discover, and dream when the Endless Ocean Luminous game, the latest entry in the series, launches May 2, 2024, only on the Nintendo Switch system. Pre-orders are available now on Nintendo eShop.<br/><br/>https://www.nintendo.com/us/store/products/endless-ocean-luminous-switch/<br/> <br/>Paid Nintendo Switch Online members can buy a pair of Nintendo Switch Game Vouchers* for just $99.98 USD. Redeem each one for a digital game in the game voucher catalog to score savings! Click here for more information: https://www.nintendo.com/store/products/nintendo-switch-game-vouchers/ *Paid Nintendo Switch Online membership required at the time of purchase and redemption of Nintendo Switch Game Vouchers. Nintendo Switch Game Vouchers must be redeemed within 12 months from purchase date, have no cash value, and cannot be transferred, returned, or redeemed for cash. Each Nintendo Switch Game Voucher may be redeemed for one game offered as part of the catalog. To receive promotional value, Nintendo Switch Game Vouchers must be redeemed for two games with a cumulative price that is higher than the purchase price of the Nintendo Switch Game Vouchers. To pre-order a game using a Nintendo Switch Game Voucher, the Nintendo Switch Game Voucher must not expire prior to the game’s launch date. Nintendo Switch Game Vouchers may not be combined with any other sale, discount, or promotional offer unless otherwise specified. Game catalog subject to change.<br/><br/>Visit Nintendo.com for more info: https://www.nintendo.com/us/<br/><br/>Subscribe for more Nintendo fun: https://goo.gl/HYYsot<br/><br/>Follow Nintendo of America<br/>X/Twitter: https://twitter.com/NintendoAmerica<br/>Facebook: https://www.facebook.com/NintendoAmerica<br/>Instagram: https://www.instagram.com/nintendoamerica<br/>Twitch: https://www.twitch.tv/nintendo
Endless Ocean Luminous — Sounds of the Sea — Nintendo Switch
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