Thursday, March 12, 2009

45 Shadow Bankers Have $107.5 billion

Almost 6% of the world's billionaires come from private equity and hedge funds. Most of the 45 shadow banking billionaires are down from last year's Forbes rankings.

The three co-founders of The Carlyle Group are down. William Conway, Daniel D'Aniello, and David Rubenstein sat at #522 with $1.4 billion. They fell from #155 and $2.7 billion in 2008.

The fall offs are interesting. R. Allen Stanford of Stanford Financial fraud dropped from the 2009 list. Maurice Greenberg of imploded AIG missed the 2008 cut.