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by sig-reduction 1856 days ago
OP's conspiracy theory is absolutely true. There is a whole thread of academic research estimating the right tail of the wealth distribution (spoiler: the Fed household finances microdata is garbage).

Diff the Bloomberg and Forbes rich lists... they're not the same list. One oligarch on those lists had their estimated net worth double after the Appleby leaks turned up some trusts. I'm pretty sure Bloomberg just calls people up and asks them how much they have.

1 comments

I guess it depends on where peoples wealth comes from. It’s probably far easier to estimate Zuckerberg and Bezos when you know it’s tied to a publicly traded company than if it’s all private. I have a good friend who is a billionaire that laughs at these lists knowing they know nothing about his money (not a public company), where it comes from, and where it lives.
Yup, Mexico has a ton of wealthy people because of drugs, you don't see their names on these lists.