British businessmen drop off Forbes rich list

Among those who can no longer call themselves dollar billionaires are the Daily Mail chief, Viscount Rothermere Photograph: John Stillwell/PA

Conservative Party treasurer Michael Spencer founded Icap, the world's largest broker of trades between banks, in 1986. Forbes estimated his fortune at $1.1bn last year - but much of that was tied to his holding in Icap, whose shares have fallen sharply over the past six months Photograph: James Boardman/Reuters

Carphone Warehouse entrepreneur and Tory supporter David Ross (right) has lost an estimated $1.2bn over the past 12 months, Forbes calculates. He shocked City investors when he admitted breaching stock exchange rules to gain personal loans. Ross's childhood friend, the Carphone Warehouse chief executive Charles Dunstone (left), also dropped off the list Photograph: Tony Andrews/PA

Forbes estimates that Scottish businessman Sir Tom Hunter lost $500m last year as his investments including the USC clothing chain and Wyevale garden centres struggled Photograph: Murdo Macleod

Jim Ratcliffe, a chemical engineer-turned-financier and industrialist, owns a major stake in vast, privately-owned petrochemicals group Ineos, where he is chairman and chief executive Photograph: Danny Lawson/PA

Fund manager and chairman of specialist investment group Ashmore, Mark Coombs, first made the list after taking his company public in 2006. Its shares have more than halved over the past year Photograph: Public Domain

Lloyd Dorfman started foreign exchange giant Travelex as a small shop in London 30 years ago Photograph: Jeff Gilbert/Rex Features

School dropout Richard Elman founded Hong Kong-based commodities company Noble. It provides emerging Asian economies like China and India with coal, iron ore and grain Photograph: Bobby Yip/Reuters