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by gruez
563 days ago
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>I haven't been paying attention to the bullshit that is nth-richest person but how the fuck is someone worth that much and is only in 10th place? Wasn't it not too long ago that $127B would have been 1st? This can entirely be explained by the performance of the broader stock market. In 2005 the the 10th person richest person had $18.3B. If you multiplied that by the total returns of S&P 500[2], you'd get $129.5B, which is actually more than how much Mr. Huang was worth. [1] https://stats.areppim.com/listes/list_billionairesx05xwor.ht... [2] https://www.slickcharts.com/sp500/returns |
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