3 ms·
One reason the Forbes list is so dominated by self-made entrepreneurs is that it's relatively easy to verify their wealth based on public records. Jeff Bezos' n
by jmharvey 8y ago
One reason the Forbes list is so dominated by self-made entrepreneurs is that it's relatively easy to verify their wealth based on public records. Jeff Bezos' net worth is, to a first approximation, the same as his stake in Amazon, which is regularly reported in SEC filings. The wealth of the Rockefellers/Morgans/Vanderbilts is less concentrated in any single company, so if they don't voluntarily disclose their finances to Forbes, they stay off the list, regardless of what their net worth is.
- barry-cotter 8y agoThankfully they get divorced occasionally so we can be reasonably sure that no matter how discreet they are they are not the shadowy powers that actually control the US. Divorce lawyers want as much money as possible for themselves and for their clients and they don’t care if you hold your wealth in a well balanced diversified portfolio or if it’s all in one company.