In this market, the larger the fortune, the farther the fall.
Casino mogul Sheldon Adelson was on top of the world he spent his life amassing a mega-fortune in conventions and casinos--was worth $28 billion.
Since the beginning of 2008, LVS shares have plummeted 95%, erasing $24 billion from Adelson's fortune.
Following Adelson in the loss column is America's second-richest man, Warren Buffett. The Oracle of Omaha (who held the title of world's richest man in March) lost $16.5 billion as shares of Berkshire Hathaway (nyse: BRK - news - people ) fell 28% this year.
Software visionary Bill Gates was America's third-biggest loser; he watched his shares of Microsoft (nasdaq: MSFT - news - people ) decline 45%, wiping $12.3 billion off his personal balance sheet in 11 months.
Rounding out the top five biggest losers: investor Kirk Kerkorian and Google (nasdaq: GOOG - news - people ) Co-founder Larry Page, who each lost $11.9 billion. Page's Google shares shed 59% of their value this year.
Kerkorian lost billions in his casino, oil and auto stakes. His largest holding, MGM Mirage (nyse: MGM - news - people ), is down 87% since January. He also recently disclosed he sold a significant portion of his shares of Ford at a loss.
Stephen Schwarzman's 234 million shares in Blackstone Group (nyse: BX - news - people ) were worth $5.2 billion 11 months ago. The stock has fallen 72% since then, reducing the value of Schwarzman's stake to $1.5 billion--a loss of $3.8 billion.
Wesley Edens, co-founder of hedge fund Fortress Investment Group lost 1 billion his shares are worth less than $100 million.
Source: Forbes SLIDE SHOW OF THE BILLIONARES
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