The 2025 Forbes Billionaires List has seen a shake-up, with 107 individuals falling below the financial threshold required to remain among the world’s wealthiest.
While the billionaire population has reached a record 3,028, surpassing the 3,000 mark for the first time, not everyone maintained their fortune, as market shifts and business challenges led to notable exits.
High-profile names no longer on the list
Lisa Su – Tech visionary falls off the list
Lisa Su, the CEO of Advanced Micro Devices (AMD), played a pivotal role in one of the most remarkable corporate turnarounds in tech history. Under her leadership since 2014, AMD's stock skyrocketed nearly 40-fold by early 2024.
Born in Tainan, Taiwan, in 1969, Su immigrated to the United States at age 3 and went on to earn a PhD in electrical engineering from MIT.
Before joining AMD in 2012, she held key roles at Texas Instruments, IBM, and Freescale. By 2024, she was one of only 26 self-made women billionaires in the U.S. and one of 26 hired executives to build a billion-dollar fortune.
However, despite AMD’s strong market presence, Su’s personal fortune dipped below the billionaire threshold, resulting in her exit from Forbes’ list.
Sara Liu – Supermicro co-founder slips below billionaire status
Sara Liu, co-founder of Super Micro Computer Inc. (Supermicro), built a tech empire alongside her husband, Charles Liang. Founded in 1993, the company is a key supplier of servers and storage systems and has grown into a major partner of Nvidia.
Liu served as Senior Vice President and was a longtime board member, also managing Supermicro’s finances until 2019. Despite the company’s continued growth and market relevance, her net worth fell short of the billion-dollar mark in 2025, leading to her removal from the prestigious list.
Nicolas Puech – Hermes Heir no longer a billionaire
A fifth-generation descendant of Thierry Hermès, Nicolas Puech was a key stakeholder in the world-famous luxury brand. Though he resigned from the company’s supervisory board in 2014, he retained nearly 5% of Hermès, while other family members continued to hold a majority stake.
That same year, Hermès and rival LVMH settled a high-profile dispute over Bernard Arnault’s controversial stock accumulation, which had fueled takeover speculation. Despite his deep roots in the fashion industry, Puech’s fortune has reportedly dwindled, forcing him off the Forbes 2025 Billionaire List.