Super rich are $300 billion lighter

**NO HOMO on the Bill Gates picture. But that shit is hilarious.**

NEW YORK (CNNMoney.com) -- The recession has taken its toll on the nation's super rich, whose collective net worth fell for only the fifth time in 28 years, according to a survey released Wednesday.

The collective worth of the 400 richest people fell by $300 billion, or 19%, to $1.27 trillion, according to the survey released by Forbes magazine.

As a result, the price of admission to appear on the list this year dropped to $950 million from $1.3 billion in the 2008 list.

The losses were driven by turmoil in the capital markets and plunging real estate values, according to the magazine. but fraud and divorce also took a toll.

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