Houston billionaires see decreases in net worth, new faces on Forbes’ richest list

Forbes released its 2020 World’s Billionaire’s List April 7, and while the number of Houstonian billionaires has increased, their net worth has done the opposite, thanks in part to the coronavirus pandemic.

The total number of billionaires worldwide has dropped from 2,153 in 2019 to 2,095 on the 2020 list, and their total net worth decreased from $8.7 trillion to $8 trillion as of March 18, according to Forbes. That includes a record 1,062 individuals seeing a decrease in their fortunes, which Forbes…