Tommy's #1 SHANIA TWAIN SuperSite Message Board

twainee · Senior Member

Many billionaires fortunes are halved

kelc317 · Guru

Well the markets are down and there homes are worth a lot less.But it just will take some time and the markets will come back.Plus with the kind of money they have there probably buying stock now because its so cheap and in the long run they will have more money.

kelc317 · Guru

I know he isn't a billionaire, but Geraldo Rivera said last night that with GM going under he lost a half million dollars.

PurplePeopleEater · Guru

Many individual lifetime investments have been reduced by half or more over the past couple of years.

They will come back slowly but surely.

kelc317 · Guru

I agree it will come back slowly put i don't think its going to be like it was in the 90's and 2000's.There was just to much credit out there,my daughter got a credit card offer when she was like 12 or 13.The credit did drive a lot of the economy.