Record Number of Billionaires Fall Off 2024 Forbes 400 List

The threshold for America's wealthiest has risen to $3.3 billion, displacing 30 members from last year.

The minimum net worth to make the Forbes 400 list is now $3.3 billion, up $400 million from last year.
David Green, founder of Hobby Lobby, is among the notable drop-offs after transferring his equity to a charitable trust.
The list's youngest member is Lukas Walton, 38, with a net worth of $33.9 billion from Walmart inheritance.
Elon Musk remains the richest American despite a $7 billion drop in his fortune, with a net worth of $244 billion.
The Forbes 400 list includes 23 newcomers, with the highest entry being Lyndal Stephens Greth, worth $32.3 billion from an oil and gas inheritance.