Money | Warren Buffett These 5 People Lost the Most This Year Think your 401(k) has taken a hit? One tycoon has taken a $32B bath By Nick McMaster Posted Nov 26, 2008 2:31 PM CST Copied Sheldon Adelson, chairman and CEO of The Las Vegas Sands Corporation, has lost about $1,000 per second in 2008, or some $30 billion. (AP Photo) Think you've taken a bath in the markets? Business Sheet compiles this year's five biggest losers: Warren Buffet Loss: $13.6 billion. Though he’s bought when others wouldn’t and come to the rescue of many (Goldman and GE, to start), losses dropped the famed investor’s liquid wealth to a paltry $48.1 billion. Mukesh Ambani Loss: $28.2 billion. Ambani controls Reliance Industries, the world’s largest polyester producer. Though he overtook Lakshmi Mittal as India’s richest individual this year, his investments still took a hit. Sheldon Adelson Loss: $30 billion. The downturn has left many Americans soured on gambling, and this casino mogul may have the largest paper loss in US history, adjusted for inflation. Put another way, Adelson lost $1,000 a second this year. Lakshmi Mittal Loss: $30.5 billion. Stocks drops and production cuts at steel titan ArcelorMittal downgraded him from being India’s richest man in 2007. Anil Ambani Loss: $32.5 billion. Ambani’s Reliance Communications has thrown his money at Hollywood this year, investing $500 million in DreamWorks alone, but losses have hit him harder than anyone in the world. Read These Next Who added bill's proposed tax on clean energy? No one knows. Keith Urban interview ends after Nicole Kidman question. Bryan Kohberger has admitted his guilt. Sean Combs jury reaches a decision on all charges. Report an error