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World’s Richest Lose $11.3 Billion as Mittal Falls From Top 20

The 20 richest people on Earth lost a combined $11.3 billion yesterday as global markets fell after European economic growth slowed and investors weighed Greece’s chances of getting bondholders to accept a debt swap.

Warren Buffett’s fortune fell $407.3 million, dropping his net worth to $43.9 billion. The chairman of Omaha, Nebraska-based Berkshire Hathaway Inc., his investment holding company, ranks third on the Bloomberg Billionaires Index, a daily ranking of the world’s richest people.