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> One interesting side-note I happened across recently was that Rockefeller's peak wealth was after Standard Oil was broken up. According to whom? And compare
by daniel-cussen 5y ago
> One interesting side-note I happened across recently was that Rockefeller's peak wealth was after Standard Oil was broken up.
According to whom? And compared to what? According to what I read the man had (from memory) 24 million at the time of his death, which seems so bizarre. The problem is the accounting is not only difficult, but that the richer you are, the harder it is to account for all of it, and the more expensive it is to do so. It's not like a regular Joe who can just check his wallet or banking app. By the time you've audited your own wealth, as a billionaire, you've lost millions of dollars. The cost of accounting impacts accounting.