Business Insider published a list of businessmen whose fortunes declined and lost the title of "billionaire" in 2019. The site said that a strong blow shook many of the world's wealthy, due to the poor performance of the stock market and the rises of the US dollar. The list of the most important people who lost the “billionaire title” during the current year included the owner of the Irish airline Ryan Air, Michael O’Leary, the heirs of the Italian group “Barilla Pasta”, the money manager Charles Brands, the heiress of JAB Holdings, the owner of “Krispy Kreme” Andrea Riemann-Ciardelli, founders Forever21 retail chains, one of the founders of We Work Miguel McKelvey, in addition to the founders of the Smile Direct Club Jordan Katzman and Alex Finkel, who became one of the youngest billionaires in the United States after the company's public offering in September, but the company's shares fell by 60% in the following month, according to As reported by «Russia Today».
Okaz (Jeddah) @okaz_online