Besides keeping the list of the world’s richest, Forbes also noted the high-profile figures who’s fortunes ran dry in the last year.
FTX founder Sam Bankman-Fried fell off Forbes’ 2023 Billionaires List. Once thought to hold the keys to the crypto-finance future with his crypto-currency exchange, it all came crashing down in 2022.
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Bankman-Fried now faces federal fraud, money laundering and campaign finance violation charges, and his net worth plummeted to Less than $10 million (down from $24 billion).