For billionaires, declines in the economy can be a disaster. This is because a large proportion of their money is invested in things such as real estate, investments and business holdings – all of which can dramatically change in value when the economy is down.
In the infographic below, you can read about 8 renowned billionaires who lost their fortunes and how this happened. The list includes Björgólfur Guðmundsson who lost $1.1 billion in 2008 and Allen Stanford who lost his $2.2 billion fortune in 2008.
Aba Booda ku siteegi y’e Masaka abagambibwa okubanga bebasinga okukozeesa omusaayi omungi okusinzira kukitongole ky’etterekero ly’omusaayi mu ggwanga ekya Nakasero Blood Bank Masaka: Abavuzi ba bodabooda bonna bakubiriziddwa okwettanira okugaba omusaayi kubanga bebasinga okugwetaaga okusinzira kwa’akulira eby’omusaayi mu kitundu kye Masaka. Bino byogeddwa mwami Swaibu Sula Mbaaya bwabadde ayogerako ne bannamawulire. Wabula ono okwogera bino kizze […]