Laxmi Mittal loses more money per hour than people earn in a year

Due to world economic crisis happening these days, its leading to bankrupcys, selloffs etc & even big businesses have been losing a lot of money making the condition worse.
In this global crisis, Lakshmi Mittal who was reported to be the world's 4th richest person in the world is losing about 7 million pounds per hour which is more than a normal person earns in a year. Over the last four months he has been losing about 180 million pounds a day which makes it 7 million pounds in an hour.

The way things are going i think the world is leading to the same situation like the Great Depression of the 1930's because most of the people around are losing a lot of money with banks failing, real estate makets collapsing, Stock markets crashing etc etc etc and the list goes on. Whatever the economists say, i think the worst is yet to come....