For the first time since 1989 there are no members of the Walton family, descendants of Wal-Mart founder Sam Walton, in the top 10. Four members — Jim, Christy, Robson and Alice — slipped to 12th and 15th place.
The Waltons were displaced by Google co-founders Sergey Brin and Larry Page, who came in at No. 5 with fortunes of $18.5 billion, and brothers Charles and David Koch, who run Koch Industries, the world’s second largest private company, and are each valued at $17 billion, earning them 9th place.
Fifty people couldn’t keep up. They include online-gambling titans Ruth Parasol and J. Russell DeLeon, whose PartyGaming (PYGMF, news, msgs) Internet poker company’s stock has fallen 75% in the past 12 months. Also dropping off the list is caffeine king Howard Schultz, whose Starbucks (SBUX, news, msgs) stock has languished over the past year, and Campbell Soup (CPB, news, msgs) heir Dorrance Hill Hamilton, who had appeared on every Forbes 400 list since 1982.
Of the top 400 richest Americans, Forbes said 270 were entirely self-made, 74 inherited their wealth and 39 are women.