For the First Time Since the Great Recession, the Superrich Did Not Get Richer This Year

After a roaring 2021, the 400 richest people in the U.S.—along with many Americans—have been hit by rising inflation and falling markets. As a group, this year’s Forbes 400 is $500 billion poorer than they were a year ago. Their total net worth stands at $4 trillion, down 11% from last year.

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