Billionaires Feel Market Pain On Forbes Richest List

Forbes magazine has announced its annual list of the world’s richest individuals. But, as Sara Hemrajani reports, while many of the same people are on it, they have lost some of their wealth.

Video Transcript:

Market turmoil has put a dent in the bank accounts and portfolios of the world’s richest people.

Forbes magazine has crunched the numbers for its annual billionaires’ list, revealing a drop in average net worth for the first time since 2010.

Holding on to the top spot is Bill Gates.