The 20 richest people on Earth lost a combined $11.3 billion yesterday…in their couch cushions.
Haha, just kidding. They lost it for realsies, on account of falling global markets and stalled European economic growth.
Here is what $44 billion looks like written out: $44,000,000,000.
Lakshmi Mittal, chairman and chief executive officer of ArcelorMittal, the world's largest steel company, saw his own fortune drop by $918 million—enough to bump him off the list of the world's 20 richest people (down to #21), which must be embarrassing for his kids.
Potters' fields across the globe are being readied for the influx of shallow-dug graves this news portends.
In a related story, my own personal fortune increased by $1.21 today, thanks to a combination of ingenuity, discounts, and judiciously applied CVS ExtraBucks.
[Image via Getty]