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Oprah Winfrey, Sam Altman, others misses out on Forbes billionaires list

For the first time in history, the entry threshold for The Forbes 400 list of the richest Americans has risen to a staggering $3.3 billion, setting a new record and increasing by $400 million from the previous year.

This means that billionaires like Oprah Winfrey, Sam Altman, and Kim Kardashian will no longer be able to secure a spot on the prestigious list with a net worth of $1 billion or $3 billion.

As a result, there are now 415 billionaires who are not part of the elite group, as opposed to those who made the cut. High-profile figures missing out include Oprah Winfrey, who is estimated to be worth $3 billion, and Kim Kardashian, who is worth $1.7 billion. Other notable absentees include Taylor Swift ($1.3 billion), Magic Johnson ($1.2 billion), and Arnold Schwarzenegger ($1 billion).

The tech and finance industries are also represented among the "too-poor" billionaires, with leaders such as Palmer Luckey ($2.4 billion), Alexandr Wang of Scale AI ($2 billion), Bilt Rewards founder Ankur Jain ($1.2 billion), and OpenAI CEO Sam Altman ($1 billion) falling short.

However, there is always hope for a comeback in the future. Jayshree Ullal, president and CEO of Arista Networks, was $100 million short of making the list last year, but her wealth has since risen to an estimated $4.4 billion as a result of Arista's rising stock price, allowing her to join The Forbes 400 for the first time.

Sam Altman's potential ascent to billionaire status remains a topic of speculation. OpenAI is reportedly considering a restructuring that would convert the organization from a non-profit to a for-profit corporation, potentially giving Altman equity in the business.

While reports indicate that he may receive a 7% stake, Altman has publicly denied any plans for a "giant equity stake" during discussions with OpenAI staff last week.

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