Hundreds join ranks of ex-tycoons

Carnage in economies and stock markets worldwide has united 355 of the world's wealthiest people in a new way: they're now ex-billionaires.

Forbes magazine on Wednesday said the 355, ranging from former Citigroup Inc chief Sanford "Sandy" Weill to Russian tycoon and ex-KGB agent Alexander Lebedev to accused Ponzi scheme mastermind Allen Stanford have fallen off its annual survey of the uber-rich.

Death claimed 18 more members. Some 41 people joined the list. That left the tally of billionaires worldwide at 793, worth a collective $2.4 trillion, down from 1,125 people, worth $4.4 trillion, a year earlier.