In the HBO show "Silicon Valley," billionaire tech investor Russ Hanneman breaks down after learning that his 10-figure fortune shrunk to a mere $986 million, ousting him from the "three comma club."
"I'm financially ruined," he sobs. "I'm not a billionaire anymore. ... I'm a 986-ionaire, which isn't even a f------ thing."
Hanneman's comma trauma makes for great comedy. But it turns out, falling out of the billionaire club is surprisingly common.
According to a new study from UBS and PwC, only 44 percent of global billionaires in 1995 maintained that status through 2014. That means 56 percent of the billionaires in 1995 lost a comma — and sometimes more — in roughly 20 years.