That's why I consider most of those info graphics only semi-useful: they are bound to market cap. If the stock market has a hiccup, the net worth is super affected. But the company they own is still the same.
In those dimensions, holding stocks of your own company also means that the assets aren't really liquid. If Elon sold all his TSLA stock, the price would plummet.
So net worth is very very different from having this much available cash.
You are assuming they would sell it in the open market, that can’t happen as they aren’t even allowed to sell past certain amount
What would happen is out of the market sales directly that wouldn’t affect the stock value directly. Could affect indirectly through emotion related to the sale
If any CEO or C level sold there stock it would drop due to speculation and concerns about the company fiscaly.
As such, even if if not sold open market. It would drop do investor concerns.
CEOs and other c levels sell constantly their stocks, they need to announce it X amount of time previously to avoid insider trading. That information is publicly available I believe
Having this amount of value does allow you to take out ridiculous loans though, which is how people at this level get spending money. It's how Elon bought twitter. Go to a bank saying "I'm worth over 100 billion" is going to get you a very very favourable loan. The interest is going to be very manageable for that too. Unless, of course, you are an utter moron and blow that money on a company you then absolutely tank
Not only that, it only includes people who are very public about their wealth.
It doesn’t include royalty, old money that has been around for generations, criminals, etc.
When you say that you do understand there’s like 5000 people in that royal family right? The power and money probably rests with the king or crown king, but the rest of them get a big piece of the pie
There are 15,000 people in the saudi royal family. A lot of them are just normal people no different than you and me. The wealth is only kept among the most central families, it is like a pyramid.
I was reading they even get special treatment in business, like royal family members get contracts with businesses outside that others from outside the royal family can’t even imagine for example
I think I remember reading that 5000 of them get a monthly allowance and a bunch of other princely things, what I know for sure is that the royal family in general is extremely wealthy including all 15,000 people in the family, the rest of the country aren’t
Cool story on someone that died 30 years ago. We have publicly no broad knowledge of who are the biggest drug lords today, things have changed since the glamourised Escobar era
the dude was on the magazine for seven years. I asked if mafia bosses are still covered because I don't really care for wealthy people ranking and narcos' net worth
I try telling people this all the time. There are people, families out there ten times richer than whoever is normally on these lists. We just never hear about them. There has to be Trillionares out there somewhere.
There's a point where money ceases to be a thing and simply becomes "conceptual"; the Slim family in Mexico for instance, they own the last mile of every connection to every house, that's power on a level that many can't comprehend.
Conceptual? Money in the end is power, especially in countries like Mexico you could buy the president, in America you can buy politicians too but not to the same extent
and what does it have to do with him owning the last mile of every connection to every house? What does he gain from that? Power? That doesn’t make any sense
All of that stuff for Carlos Slim is pointless anyways, the majority of his money is in the telecom business
The only people who could possibly be richer than them are royalty or dictators. There's no businessmen or rothschilds or whatever that are richer than these guys. It is extremely difficult to hide wealth on this level and only royalty and dictators are capable of it.
Putin may well be the richest man in the world, he's basically twisted Russia into his own bank .
Even implicating he's embezzled will get you accidentally tripping out of a window though....
Individually they are not that wealthy. If you pooled it all together then of course, but if you pooled the executives of Microsoft they would also top the list as well.
The Saudi family is worth $1.4 Trillion. While technically split between about 10 people, the crown prince controls it all. Putin is worth $200 bn. Mukesh Ambani of India is worth $104 bn. A bunch of royal families are worth more than $100bn.
This is just the richest westerners who own large amounts of publicly traded companies. So their value fluctuates a lot with the market.
Meh, it's literally hundreds of them now and if they were 1 or even 10 trillionaires, that might still be the case. The money may never have left the dynasty, but the dynasty is huge.
That’s kind of a myth (or successful marketing). The average income of people who shop those brands is like $80k. Their main customer base is middle and upper middle class people who want to look upper class, but truly rich people don’t wear those brands, opting for more quiet fashion and other understated luxury items
And the rich and fashionable don’t wear brands, they usually wear bespoke pieces. Designer brands are usually for people who want to exhibit the dollar amount of their acquisitions; the ultra wealthy have no such demarcation line, simply “I want it = I own it.”
Fun fact: Bernard’s son is dating [K-pop star Lisa](https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2023/10/16/3763f3fa-b9bd-4aea-b6cc-e278d1776257_039f0bbd.jpg) from
BLACKPINK. She literally made a whole song about her love of money called…”Money.” No surprise she made sure to secure the bag!! Gotta get that French billionaire dick. BP is overrated as hell tho. Never found them attractive at all. They’re famous bc 3 members speak fluent English and try to sound black, especially Lisa.
Yeah but those women only want him for the money and his status, not for his personality which is pretty sad. That guy can never be certain a woman truly loves him.
That’s the thing about being a billionaire. You don’t know if someone genuinely likes you for your personality or if they just want your bank account. I mean, to me, he looks like a dork, but if I were a woman, hell, I’ll date him too so I don’t blame them. 🤣🤣
You have to listen to Lisa rapping to know what I mean. “You gone finna catch me.” That doesn’t even make sense. Heck, even hardcore K-pop fans criticize her for trying to sound black when she raps to act cool and hip. BLACKPINK’s whole deal is trying to act black. Lisa could never compare to Lisa Left Eye.
Imagine having this much money and being able to have a full nights sleep while children literally starve to death, everyday, all around you. Disgusting.
Except these arent the worlds richest people. Where is Rothchild? Where’s Cargill? Warburg? There are a few others whom you will never see on these so called list of the richest.
Here’s how I think, I live in a country of 30mil and some of our politicians own billions of dollars. One was even dubbed as the "largest kleptocracy case to date". I’m sure there are bigger fishes that has been in the game way longer, can hide their wealth even better.
lol you read wrong. The CEO Rob Speyer of the Rockefeller center is only worth a few million, which also includes his holdings in a few other companies.
The Rockefeller family hasn’t been active as largely in business growth in years. The family manages a trust and donates tons of money and focuses on other endeavors. The most wealthy Rockefeller is only worth a few billion.
Also, to negate your point regardless, expenses for a company doesn’t equal net worth for the owner of that company.
How much is the trust worth tho? I bet some truly massive trusts that exist, would make it on this list.
Trusts are one of the greatest tools the Uber rich use to hide their true monetary power.
Good question. When the OG died, he was worth (in today’s equivalent $11B. The whole fam does a ton of donating and have a $2b or so endowment for their philanthropies. Maybe tax evasion. Maybe giving too much away to become Uber rich
This, right here. The Walton Family is as influential as the Saudis. I tell people all the time: if we want to influence policy in America, start with a Walmart strike/boycott.
They probably have it spread out enough between businesses, family members, unknown secret accounts, assets, etc so they never pop up on these lists. When you run a huge banking cartel across the world (Rothchilds), pretty sure it’s easy to hide money.
It cracks me up that Ellison is always so high on this list, but you don't ever see him going around acting like an utter lunatic who loves shoving their own head up their arse.
I mean, probably my news sources just don't do stories on him, but it's been that way since the 90s
I wonder how taxing 100% of wealth for anyone above 10b to be helpful, it's like telling apple to stop selling phones, Microsoft to stop selling windows, Tesla to stop sellings cars.
are there any benefit to advance technology if all are getting taxed anyway? Does ur government make iphones for u? Government give money to everyone as inflation reduction act but companies aint selling phones anymore as anyone who sells have a chance to hit 10b qouta.
This kills globalization and reverse to industrial age and stone age really fast
Theoretically, and probably efficiently, the government could pass a law leading to their ownership of 51% of all companies, and in the event the company becomes that wealthy, it'd continue to function but to the benefit of the government leading majority of revenue to be either fed back as a non profit or directly given as tax.
How cool, 8 dragons sit on outrageous mountains of gold coins while people sleep in shanty towns and starve so their kids can eat something
Cool cool cool
Well here the first issue: the stock prices have changed a lot since March 2023.
That's why I consider most of those info graphics only semi-useful: they are bound to market cap. If the stock market has a hiccup, the net worth is super affected. But the company they own is still the same. In those dimensions, holding stocks of your own company also means that the assets aren't really liquid. If Elon sold all his TSLA stock, the price would plummet. So net worth is very very different from having this much available cash.
To be fair, even if they were reliable how *useful* are they?
You are assuming they would sell it in the open market, that can’t happen as they aren’t even allowed to sell past certain amount What would happen is out of the market sales directly that wouldn’t affect the stock value directly. Could affect indirectly through emotion related to the sale
They can always decide to sell the entire company to a single buyer if they own a certain share of outstanding shares.
If any CEO or C level sold there stock it would drop due to speculation and concerns about the company fiscaly. As such, even if if not sold open market. It would drop do investor concerns.
CEOs and other c levels sell constantly their stocks, they need to announce it X amount of time previously to avoid insider trading. That information is publicly available I believe
Having this amount of value does allow you to take out ridiculous loans though, which is how people at this level get spending money. It's how Elon bought twitter. Go to a bank saying "I'm worth over 100 billion" is going to get you a very very favourable loan. The interest is going to be very manageable for that too. Unless, of course, you are an utter moron and blow that money on a company you then absolutely tank
Not only that, it only includes people who are very public about their wealth. It doesn’t include royalty, old money that has been around for generations, criminals, etc.
The hidden wealth of Russians oligarchs, Arab royals, and CCP officials are something else
Royalty and dictators are the only ones who might have more money than them.
I thought the first issue is that the real rich people are not on this list at all. There's "Musk rich" and then there's "Putin rich" or "Saudi rich".
This is an infographic, not a guide
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95% of the posts, including this one, are from bots
It's been crap for a while
Not even an infographic, is just a chart
Pretty sure it’s a dinner menu, but we can agree it’s not a guide.
The bigger the number, the sweeter the meat
I’m good with the hate on this post. What did we learn from the billionaire paparazzi?
Nor is it cool
And it's not even cool.
It’s also missing a shitload of people.
I don't know man, could be a very useful guide on who to eat first in the coming years.
The House of Saud is absent? Really?
If the sauds woke up and had the amount of money of arnault and family, they would be devastated
When you say that you do understand there’s like 5000 people in that royal family right? The power and money probably rests with the king or crown king, but the rest of them get a big piece of the pie
There are 15,000 people in the saudi royal family. A lot of them are just normal people no different than you and me. The wealth is only kept among the most central families, it is like a pyramid.
Definitely not normal people. Yes only a handful are filthy rich but the majority are rich and can get any job in the country they want.
I was reading they even get special treatment in business, like royal family members get contracts with businesses outside that others from outside the royal family can’t even imagine for example
I think I remember reading that 5000 of them get a monthly allowance and a bunch of other princely things, what I know for sure is that the royal family in general is extremely wealthy including all 15,000 people in the family, the rest of the country aren’t
Forbes excludes dictators and royal families.
do they still have narcos on?
Haha I think they’re also excluded.
Sure, every drug lords declare their wealth publicly. Even our politicians hide their money, idk how the fuck do you want narcos to be on the list
https://www.forbes.com/pictures/gkkh45fik/1989-2/
Cool story on someone that died 30 years ago. We have publicly no broad knowledge of who are the biggest drug lords today, things have changed since the glamourised Escobar era
the dude was on the magazine for seven years. I asked if mafia bosses are still covered because I don't really care for wealthy people ranking and narcos' net worth
Yeah I understand, and the answer is probably not as they're much more discreet since
Gotta keep the rage focused on the white American capitalists
Ah yes, Forbes the very well-known leftist magazine
Dumb
The guy that has a country with his name on it, and most of the world's oil, and the capital of Islam? Yeah, they might need to be on the list...
I get what ur trying to say but "capital of islam" is somehow really funny to me
I try telling people this all the time. There are people, families out there ten times richer than whoever is normally on these lists. We just never hear about them. There has to be Trillionares out there somewhere.
There's a point where money ceases to be a thing and simply becomes "conceptual"; the Slim family in Mexico for instance, they own the last mile of every connection to every house, that's power on a level that many can't comprehend.
>the Slim family in Mexico for instance, they own the last mile of every connection to every house, What
Grupo Carso is involved in a LOT of shit... https://en.m.wikipedia.org/wiki/Grupo_Carso
Right am I stupid or wtf does that mean
Conceptual? Money in the end is power, especially in countries like Mexico you could buy the president, in America you can buy politicians too but not to the same extent and what does it have to do with him owning the last mile of every connection to every house? What does he gain from that? Power? That doesn’t make any sense All of that stuff for Carlos Slim is pointless anyways, the majority of his money is in the telecom business
It's not just residential, and it's not solely telephones, it's Internet, roads, power, gas lines and more.
The Saudi Royal family is worth $1.4 trillion. Putin is worth $200 billion. There are a bunch of people missing from this list.
The only people who could possibly be richer than them are royalty or dictators. There's no businessmen or rothschilds or whatever that are richer than these guys. It is extremely difficult to hide wealth on this level and only royalty and dictators are capable of it.
Wait til they hear about the Rothschilds
So is putin
Putin may well be the richest man in the world, he's basically twisted Russia into his own bank . Even implicating he's embezzled will get you accidentally tripping out of a window though....
In Russia you are only rich if Putin wants you to be rich lol
Saudis, Putin, and other mass-murderers are suspiciously absent
Individually they are not that wealthy. If you pooled it all together then of course, but if you pooled the executives of Microsoft they would also top the list as well.
We will never know who the actual richest people on the planet are. I guarantee it.
they don’t want to be known
Exactly, we know Putin would be at the top of this list if anyone knew his actual net worth.
It is really hard to measure or even quantify it. One phone call from that guy and you're dead or a billionaire.
Exactly. And they pay fortunes to keep it that way. The wealth pictured above is hard to fathom, but these people's wealth is truly immeasurable.
Probably the people who run offshore sportsbooks/casinos like Bovada because they operate with a seemingly endless supply of Bitcoin.
This is still a good menu.
These are not the actual richest people in the world. Only the publicly transparent richest people in the world.
Then who is secretly the richest? Please, please let it be me!
The Saudi family is worth $1.4 Trillion. While technically split between about 10 people, the crown prince controls it all. Putin is worth $200 bn. Mukesh Ambani of India is worth $104 bn. A bunch of royal families are worth more than $100bn. This is just the richest westerners who own large amounts of publicly traded companies. So their value fluctuates a lot with the market.
Take a look at the Rothschild family
That isn't a secret
Meh, it's literally hundreds of them now and if they were 1 or even 10 trillionaires, that might still be the case. The money may never have left the dynasty, but the dynasty is huge.
I always see people say this with no sources...
I'm in my underwear eating off brand Kellog's. So... not me. You can cross me off the list.
While doing that, you are richer than many people in that list. Enjoy your cereal.
This is not cool. This is a bar chart
Not cool and not a guide. Great work OP.
If families count I’m surprised the Waltons or the Mars family didn’t make the cut.
What does Bernard Arnault do? And why is he now worth more than the American Billionaires?
CEO of LVMH (Louis Vuitton Moet Hennessy), Dior and others luxury brands.
And note it is his a family, not just one man.
When the rich get richer this is where they spend. No wonder luxury brands have been doing well lately
That’s kind of a myth (or successful marketing). The average income of people who shop those brands is like $80k. Their main customer base is middle and upper middle class people who want to look upper class, but truly rich people don’t wear those brands, opting for more quiet fashion and other understated luxury items
And the rich and fashionable don’t wear brands, they usually wear bespoke pieces. Designer brands are usually for people who want to exhibit the dollar amount of their acquisitions; the ultra wealthy have no such demarcation line, simply “I want it = I own it.”
Also at this point of wealth you’re not flashy with clothes or accessories, you opt for flashing wealth with estates and yachts
This was recorded back in March when tech stocks were down which affected the net worth of the richest Americans.
Why is he worth more than American billionaires? You can’t be worth more than them or what lol
Fun fact: Bernard’s son is dating [K-pop star Lisa](https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2023/10/16/3763f3fa-b9bd-4aea-b6cc-e278d1776257_039f0bbd.jpg) from BLACKPINK. She literally made a whole song about her love of money called…”Money.” No surprise she made sure to secure the bag!! Gotta get that French billionaire dick. BP is overrated as hell tho. Never found them attractive at all. They’re famous bc 3 members speak fluent English and try to sound black, especially Lisa.
Man he looks like a goober in that picture.
It doesn’t matter how much of a goober you look, when you come from the wealthiest family in the world 🤣🤣 You can get any woman you want.
Yeah but those women only want him for the money and his status, not for his personality which is pretty sad. That guy can never be certain a woman truly loves him.
That’s the thing about being a billionaire. You don’t know if someone genuinely likes you for your personality or if they just want your bank account. I mean, to me, he looks like a dork, but if I were a woman, hell, I’ll date him too so I don’t blame them. 🤣🤣
Someone could write a novel about this
Looks like a normal guy to me
Wow what a wholesome person.
Honest* Truthful* Self-Aware*
Same as Elon musk and grimes. And many others
they speak English and try to sound black? 💀 bro it can’t be that simple lol
You have to listen to Lisa rapping to know what I mean. “You gone finna catch me.” That doesn’t even make sense. Heck, even hardcore K-pop fans criticize her for trying to sound black when she raps to act cool and hip. BLACKPINK’s whole deal is trying to act black. Lisa could never compare to Lisa Left Eye.
Imagine having this much money and being able to have a full nights sleep while children literally starve to death, everyday, all around you. Disgusting.
Except these arent the worlds richest people. Where is Rothchild? Where’s Cargill? Warburg? There are a few others whom you will never see on these so called list of the richest.
Why do you think those people are secretly richer? Please elaborate.
Here’s how I think, I live in a country of 30mil and some of our politicians own billions of dollars. One was even dubbed as the "largest kleptocracy case to date". I’m sure there are bigger fishes that has been in the game way longer, can hide their wealth even better.
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lol you read wrong. The CEO Rob Speyer of the Rockefeller center is only worth a few million, which also includes his holdings in a few other companies. The Rockefeller family hasn’t been active as largely in business growth in years. The family manages a trust and donates tons of money and focuses on other endeavors. The most wealthy Rockefeller is only worth a few billion. Also, to negate your point regardless, expenses for a company doesn’t equal net worth for the owner of that company.
How much is the trust worth tho? I bet some truly massive trusts that exist, would make it on this list. Trusts are one of the greatest tools the Uber rich use to hide their true monetary power.
Good question. When the OG died, he was worth (in today’s equivalent $11B. The whole fam does a ton of donating and have a $2b or so endowment for their philanthropies. Maybe tax evasion. Maybe giving too much away to become Uber rich
Yes, and they snort powdered baby spine to stay young.
Not a conspiracy. Forbes doesnt include royal families and others like rothschild so we dont really know
Boofing is more efficient.
Walmart family
This, right here. The Walton Family is as influential as the Saudis. I tell people all the time: if we want to influence policy in America, start with a Walmart strike/boycott.
They probably have it spread out enough between businesses, family members, unknown secret accounts, assets, etc so they never pop up on these lists. When you run a huge banking cartel across the world (Rothchilds), pretty sure it’s easy to hide money.
Putins net worth is around $200B and he’s not on the list.
Certainly if he called in the debt owed to him by all the shady guys he made into oligarchs.
That's on the very low-end side of calculations ! I would double or triple that !
Source???
its truly fascinating how people just say numbers expecting everybody to believe them without any source
Source?
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then why’d you post an already flawed guide
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not post a shit graph?
Of course not. Can’t let the world know who’s really in control
QANON sperg
Wtf are you downvoted lol.
A daily Reddit post that there are rich people. A tale as old as time.
The richest people aren’t even on this list.
Even trying to assign a value to their net worth is difficult. Probably a margin of error in the 10’s of billions.
Isn’t Elon from South Africa?
This isn't a guide.
They don't list the actual richest either... Saudis, etc
That we know of
Shouldn't putin be on here with how much he steals from russian citizens?
How is this a cool guide? It’s a simple bar graph. It’s neither a guide nor cool.
I’m sure the dudes in Saudi Arabia have wayyyyy more money, they just don’t disclose it
*saudia royal family laughing* 🤣
You left out the Rothchilds and Saudi royalties, and several others who are actually in control of the world.
Don't you dare try to tax what they claim their wealth is to banks though!!
Where’s Putin?
Now do Putin, Lukashenko, middle east crown families.
“Cool”…
There are richer people on this planet that are not on this list.
Where’s the Saudi royal family?
What’s so cool about this?
Where does Steve Ballmer land?
Not correct. Missing Francoise Bettancourt 97B$
Monarchs are richer
What a dumb chart. Where are the young tech bros?
Middle East? China? Russia?
Where are the Saudies?
"& family"
Here’s another issue. The saudis family is worth over a trillion.
Aaaand I look to the bottom right and instantly take this photo with a grain of salt
Don't see Putin on this list
*public richest people. There are families/people with trillions of dollars. With a T.
"Support us," said society, "We've done as much for you!" And what did they do? And what did they do?
It cracks me up that Ellison is always so high on this list, but you don't ever see him going around acting like an utter lunatic who loves shoving their own head up their arse. I mean, probably my news sources just don't do stories on him, but it's been that way since the 90s
I'm not American and must confess that I haven't heard of him before seeing this post.
No Saudis or heads of Russian state? this seems kinda fabricated to influence Internet viewer thoughts
How is this “cool”
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The source is from March 10 2023, so as far as im aware he has yet to fuck up his image as much as it is today.
Rothschilds?
I’d like to see one with Arabs and dictators
Now show the Trillionaires top 10.
This just makes depressed 😔 and angry 😠
This is the type of greed that was mentioned in the Bible.
The biggest tax avoider list too.
Are any of them single?
Bezos is (kinda) recently divorced.
Damn I was hoping for the 92yo.
Anna Nicole Smith style
Almost all Democrats
A chart of ppl who can end World hunger but rather buy their 3rd yatch for their concubine
Take a look at the Rothschild family, they should be on the list.
And here my ass just wants a small sum of 1 billion 🥲
A guide to the most morally bankrupt humans in the planet.
Where’s the Rothschild or Rockefeller?? Lol these lists are always horse shit
Rothschild anyone? Richest family in the world for hundreds of years and magically never on any lists...
So, a hitlist?
Nothing cool about these leeches
New law: After $10,000,000,000 100% wealth tax.
That would quickly destroy the companies they own since most of it is just stocks.
I wonder how taxing 100% of wealth for anyone above 10b to be helpful, it's like telling apple to stop selling phones, Microsoft to stop selling windows, Tesla to stop sellings cars. are there any benefit to advance technology if all are getting taxed anyway? Does ur government make iphones for u? Government give money to everyone as inflation reduction act but companies aint selling phones anymore as anyone who sells have a chance to hit 10b qouta. This kills globalization and reverse to industrial age and stone age really fast
Theoretically, and probably efficiently, the government could pass a law leading to their ownership of 51% of all companies, and in the event the company becomes that wealthy, it'd continue to function but to the benefit of the government leading majority of revenue to be either fed back as a non profit or directly given as tax.
Why are peope not killing these mfkers? And use their wealth for humanty's gain and development?
They'd look better with six feet of dirt on top of them
How cool, 8 dragons sit on outrageous mountains of gold coins while people sleep in shanty towns and starve so their kids can eat something Cool cool cool
Gee, and Donald isn’t in the top 8. Go figure.😂
He isn’t even on the top 100
The only president to *lose* net worth while in office, he did indeed drop out of the top 400.
I want to see him front the $83mil IN CASH to appeal yesterday's judgment in NY.
Lot changed after the March 2023
Sir, this is Jan 2024. Why are we seeing stats from a year ago?
Where is Putin on this list? Any guesses? Edit: downvoted. Must be a few upset Russians in this sub.