Kanye West, Sam Bankman-Fried, Yvon Chouinard: Here’s Who Fell Off Forbes’ 2023 Billionaires List ForbesBillionaires
Demand for sofas, beds and rugs from their online home goods retailer Wayfair has plummeted, sending shares–bid up 90% during the pandemic–down 75% since last year. In January, Shah and Conine announced Wayfair was cutting 10% of its workforce as part of a $1.4 billion cost-savings plan.
Online marketplaceThe bubble for NFTs sold on their OpenSea marketplace has burst. Sales of the non-fungible tokens–computer files used to track ownership of unique digital assets including art and music–have plummeted, dropping the value of OpenSea from $13.3 billion to an estimated $3.1 billion. In July 2022, OpenSea laid off 20% of its staff.
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Kanye West, Sam Bankman-Fried, Yvon Chouinard: Here’s Who Fell Off Forbes’ 2023 Billionaires ListKanye West has fallen off the ForbesBillionaires list -- here's how much his net worth has plummeted
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