The Spectator

Who has lost the most money in human history? 

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issue 19 November 2022

Billion-dollar losers

Sam Bankman-Fried, the 30-year-old founder of FTX, saw his wealth plummet from $16 bn to zero when the company collapsed. Other big fortunes lost:

– Masayoshi Son, founder of Softbank, lost paper wealth of around $70 bn (in today’s money) during the dotcom crash of 2000-2. The company later floated and now he is reckoned by Forbes to be worth $22.8

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