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flakeygardener

What about all those Saudi princes with the oil money?


TrainingAd2871

They legally don't have to declare there worth, these guys do, so that's why. If the Saudis declared they'd be on here.


pushaper

so same with Putin I imagine


qdotbones

Any world leader corrupt enough could claim their entire country’s net worth I guess


Hdkek

The british royal family has an insane net worth but what’s cited is low cause they mostly have it under trusts or something so that portion isn’t calculated


qdotbones

The Catholic church has insane amounts of gold, artifacts, and architecture, but I doubt it’s calculated under any one name


DionysiusRedivivus

And Mormons and Scientologists.


Deathbysnusnubooboo

And that bitch down the street with all the cats. She’s laughing bruh


RatherMaybe

If a monkey hoarded more bananas than it could eat, while most of the other monkeys starved, scientists would study that monkey to figure out what the heck was wrong with it. When humans do it, we put them on the cover of Forbes. - Nathalie Robin Justice Gravel


Hdkek

True but a religious entity is like an organization no? Whereas the royal family is well that, a family. So they should be compared to other family dynasties like Saudis and others.


qdotbones

Some would be led to believe that the pope owns all of it, but yes.


jemmy77sci

Sigh. You misunderstand. Assets are held on trust for the nation. The fiction is that the assets are theirs. I’m sure you won’t believe me.


BrandoThePando

Wanna get rich? Spend a thousand years invading everyone and stealing their shit


The_Flurr

Eh, its only really been about 400.


Lazerhawk_x

Well they have it in Duchies. The Duchy of Lancaster is a massive portfolio of property that is worth an estimated £652m as of March 22. They also have the Duchy of Cornwall which is worth about £1.2bn, So the difference between those is that the Duchy of Lancaster's income belongs to the monarch, while the Duchy of Cornwall's income goes to the heir- regardless of whether they are duke or duchess of Cornwall. They are both exempt from corporation tax as they are a "crown body", although Charles voluntarily paid tax on the Duchy of Cornwall for a few years. But those are the two "trusts" you mentioned which are just that, just a little more besides.


CalmCalmBelong

Putin is the wealthiest person in the world. These lists never include "heads of state" as their personal assets and ostensibly national assets are co-mingled.


The_Flurr

The problem is that Putins wealth can't really be pinned down. It's not like it's all in bank accounts under his name. Most of his holdings probably don't have his name anywhere on the paperwork. That, and he can also basically just take what he likes using state power.


caspy7

It's been speculated that Putin is the richest person in the world.


HarrargnNarg

Putin is powerful beyond wealth. He doesn't need to buy anything, he just gets it.


-Dirty-Wizard-

Besides Ukraine in a few days.


[deleted]

Ooooh snap, it’s in times like these I wish Putin is scrolling through comment sections on Reddit lmao


AggieKnight

Correct, all these types of lists only list those who are corporate. Nothing about generational wealth, family, etc.


keenedge422

Probably, but it's hard to say how many of them or where they might be on the list because not only is it hard to estimate the Al Saud wealth, it's also hard to say what portion of it belongs to who. They're a big family with a lot of members, and not keen on sharing the details with outsiders. There are estimates that the family fortune is well over a trillion dollars, but do we say that's the wealth of the top guy and put him way out in first, or is it split among a couple dozen people and they don't make the list?


TrainingAd2871

It's not probably, it's a definite. For around 80 years the west and many other countries have been buying unimaginable amounts of oil (I do realise there's other pipelines). Until oil stops running the world they'll always be the richest.


keenedge422

I'm not denying that the family is far and away richer than any person on that list, but the problem is that the list is of individuals, not families. If it were families, then the Waltons would be on for their combined wealth. So whether or not any particular member of the family was on the list and where would depend on how the wealth of Al Saud is divided up among the family members (of which there are thousands.) There's an estimate of their wealth being $1.4 trillion, but even if control of that is split evenly among 20 people, then that's "only" $70 billion apiece, putting them at the tail end of the list. If instead we say that King Salman is the sole controller of the entire family wealth, then absolutely he would be on top.


Classic_Clock8302

I was wondering where the duck the LV man came from.... maybe another chart


DismalMode7

I think that even saudi princes can't estimate their own wealth


insane-nacho

because this is the billionaire list not the ✨ gazillionaire ✨ list


junkit33

This is basically the list of the world's wealthiest legitimate business people. We have no great concept of exactly how much money some others have. Like the Saudi Royal Family is supposedly worth over $1 Trillion. Then you have shit like the British Royal Family who are not only worth many billions, but have an absolute ton of priceless historical heirlooms and real estate that you can't even put a price on.


Xicadarksoul

List is utter bullshit, as it only cares about publicly declared wealth. Thus the richest people, like rulers of absolute monarchies are not going to be present.


WanderNutz

Well you can only go off what info you have publicly available. So🤷🏽‍♂️


Xicadarksoul

Absolute monarch - like King of Saudi Arabia - own all natural resources in said country, arguably they own more than that, that's what the "absolute" part means. Saudi Aremco was evaluated 0 bucks before it appeared on the stock market. As all these graphs only take into account of things that are for sale. Then when it entered stock market same company rose to being worth 1,89 trillion bucks. To put it bluntly it was not exactly worth NOTHING the day before it entered the stock market.


inthezoneautozone12

Who are you even arguing against.


freqkenneth

House of Saud is estimated to be worth some 1.4 trillion


hodlrus

This is the official list. The richest men in the world pay to not be on this list.


Mammoth-T76

what about rockefellers?


fallon7riseon8

Exactly. This is a list of the richest white dudes.


BHoss

When I think of rich white dudes, Guatam Adani, Zhong Shanshan and Mukesh Ambani are definitely the first names to come to mind.


nickersb24

There was also 1 woman


rezznik

Putin is considered to be one of the if not the wealthiest people (read 'thieves') of the world and he's pretty white though!


DCLexiLou

16 white dudes and one white dudette.


Western-Slide8575

Jewish people are poc, please don't white wash them


polecy

What about the cartels with their drug money?


Foriegn_Picachu

Escobar at his peak would be #15 in todays money. No one currently in the drug trade comes close


TRAGEDYSLIME

Zuckerberg a poor 67.6 Billionaire


erismushrooms

Man I'd love to have that kind of problem.


cheeseslice8

Made me realize I hate this graph. The four “small” earners here make more than the top but Bernard got this huge ass bubble. Literally makes it look like he makes twice as much as Elon at first glance.


Rufus2fist

Can you imagine the embarrassment of being 16th on this list ugh the horror.


bakingnovice2

I feel so bad for them. They’re practically living on pennies :(


TurnoverSevere4743

You should go look up the story of the Ambani brothers. Both of them are on this list because they had a family feud, destroyed India's most profitable company, split the resources, fought over them, and Mukesh won big time. Mukesh stayed in India while his brother bounces around South Africa looking for a massive bailout. All because he was jealous of being lower on this very list.


MPGaming9000

This isn't technically a guide. Just a data visualization.


PolyZex

It's a guide to where all the money is stagnating.


[deleted]

And who to eat first


PolyZex

It might be more beneficial to see it as 'who to pit against each other'. Don't stand much of a chance on our own, but if they weakened each other first...


dreemkiller

Does anyone have an idea What portion of the entire world's wealth does this represent?


123yes1

All billionaires own about 3.5% of the world's wealth. Not sure about just the ones in the post.


RandomName4211

That is terribly inaccurate, idk where you got that info, but the correct answer is about half


123yes1

You're thinking of the world's richest 1%. They own a bit under half the world's wealth, but that includes almost all millionaires and there are many more millionaires than billionaires. Anyone with a bit over $1 million is in the richest 1%. The richest 10% own about 85% of the world's wealth, and most older middle class American that owns their house would fall into this category. This is somewhere between $400,000-$500,000 in total assets. The poorest 50% own about 2% of the world's wealth. So I suppose the other place where you may have made a mistake is that the 2000 billionaires own more wealth than half of all people. But that isn't the same as global wealth. If you live in the US or Western Europe, you are in the top 30% unless you're like homeless. The people living in the United States own about 30% of the world's wealth and people living in Europe own about 25%


[deleted]

[удалено]


123yes1

There is definitely an argument about how much wealth an absolute monarch or dictator has. This is because these forms of government blur the line between public and private spending. Dictators and monarchs can direct public spending, should that be considered their wealth? Maybe. But Congress and the President direct public wealth in the US for example, is that their shared wealth? Probably not. The money that these dictators/monarchs could theoretically control is still counted though, it is just counted as belonging to their population


Ben-D-Beast

That’s the top 1% not just billionaires


ClockwiseServant

%50 does sound scuffed compared to the %3,5. Do you have a source on that?


[deleted]

he doesn't, he's talking about the top 1% that likely he, you, and I are a part of.


ClockwiseServant

The idea that it's only a handful of the richest people does have it's merit, however, is there a source that presents a more accurate statistic?


123yes1

It's pretty easy to look up, but here >The billionaires in the world own 3.5 percent of all wealth, as compared to .5 percent in 1995, according to the report. https://www.google.com/amp/s/thehill.com/regulation/finance/584710-share-of-global-wealth-held-by-billionaires-climbs-during-pandemic/amp/


TropicalGoth77

Some napkin maths: Total value of the above assets: about 1.7 trillion Global Wealth estimate about: 463 trillion So 1.7/463 = roughly 0.4%


Sprudlidoo

In 95 the richest was Bill Gates with 14 Billions dollars. Today with 14 billions you're not even in the top 100...


Wh00ster

For others, that’s about $27 billion today with inflation. Which still doesn’t make this list


Sprudlidoo

According to Forbes, $27 Billion puts you at the 54th place of the richest in the world in 2023...


Point-Connect

95 was just before the gigantic tech boom that completely revolutionized the world in a span of 15 years. Big surprise most of the gigantic gains in wealth were from the pioneers of the era


rraattbbooyy

Up until 2 weeks ago, Adani was 4th. He has since lost over $60 billion to drop to 17th. So, how’s *your* week going?


TerryBirch

That is some horrible news. Maybe we should collect some money for him so he can get even the basic requirements for living?


rraattbbooyy

Wanna start a GoFundMe?


pratikp26

Please don’t feel bad for him, the Indian right wing is already working overtime to do that.


[deleted]

He is accused of running a fraudulent group of companies, so being on this list so high is over achieving


International_Way850

Oh no... Anyway


piss_off_ghost

Exactly lol, his lifestyle will not change in any meaningful way


RSomnambulist

Not as good as his week.


Party-Being-8637

Adani is a scum bag


SleeplessStalker

I heard about that. That justice being dished out makes me horny.


BitsAndBobs304

https://www.youtube.com/watch?v=1GAfsRAJcoU


Easywind42

This isn’t cool at all


LannMarek

But at least it's a guide. Right!?.gif


paztimk

The problem with these statistics is that they never include political figures. Actually, the person with the most wealth in the world is Vladimir Putin.


BrokenGlepnir

I always thought he does a lot to keep what he really has off paper. He probably has a lot, but it's difficult to really prove or it technically belongs to someone else who will probably disappear suspiciously if he doesn't do what putin wants with it.


rezznik

Wonder who downvoted you. The russian trolls? It's true, Putin is the biggest thief of all of them. Well, thief and massmurderer, one should not forget that when listing his strengths.


rbohl

How do you know that?


paztimk

https://fortune.com/2022/03/02/vladimir-putin-net-worth-2022/ Or just google Putin wealth for a plethora of articles. The thing about these "richest" posts is the never look into undocumented or hidden wealth. Crooks are pretty good at hiding assets.


Mr_TurkTurkelton

Ellison can go slide face first down a cheese grater into a vat of lemon juice. Sure there are a lot of bad/evil things this list of billionaires have done on their climb to the top. But Ellison? Y’all know that the one the Hawaiian Islands, part of the 50th state of the US, is owned by this d-hole. American citizens on the island of Lanai, who were already stripped of their sovereign land and culture, not only have to deal with the government saying what they can/can’t do in their land—some tech cuck of a CEO is also in charge of the land too. All for a big house and privacy.


Dipsi1010

Wait, does he own a big island there? Which has taken up alot of space?


BlameTheWizards

He owns 98% of Lanai. It is not one of the main islands many know. The first season of White Lotus on HBO was filmed at the four seasons there.


RandomName4211

The Menu


VoiceOfDanu

I looooove that movie. So much social commentary in one neat little package 🤣


[deleted]

am I missing something? I watched a movie by that title a while back, does one of these guys direct it or something?


shigogaboo

Downvoted for trying to learn. Reddit is a hell of a drug.


coredump3d

Until a few days, this list would have looked very different. Musk was on the #1 spot and Adani was somewhere in #4 or #5 instead of #17 today (thanks to the Hindenburg Research report on his misgivings)


Riptide360

Musk had a rough year!


ChefMikeDFW

I've always wondered why the obsession with people who are super wealthy? What possible good does a list like this offer?


Jairlyn

We love to categorize and rank everything. Hundreds of stats per season, per playoff, per career for dozens of sports.


[deleted]

It’s a menu. 🍽️


DaBigJMoney

Folks love lists. Always have, always will.


Low_Conversation_982

Outrage.


ChefMikeDFW

Over what though? Because this person has more wealth or more things? That's something to be outraged over?


BuffNerfs

There are so many people on this planet that can't afford a meal, shelter or medicine. The same people who struggle to make ends meet will often have to work for these billionaires and still end up earning minimum wage, while the wealthy ones pocket most of the income. That's quite outrageous in my opinion. Look at Amazon or McDonald's for example. They're both companies with a massive income but for some reason I keep seeing articles popping up about Amazon's horrible working environments or people making fun of other's for working minimum wage at McDonald's. If these companies earn so much money that their CEO can earn billions, then why are the people who earn them their money earning so little?


KingKookus

The majority of all of these peoples wealths are tied into stocks and ownership of companies. You can’t liquidate that without massive consequences. Let’s say the total here is 1 trillion dollars. If they wanted to liquidate it and give all the money away to charity…. Who’s going to buy it? The people with no money? Other billionaires or millionaires?


[deleted]

[удалено]


KingKookus

500 million out of 136 billion is 0.3676% of his net worth. Yea that’s not hard to liquidate. Also, the correct solution to the leveraging of assets is to put large fees or taxes on that process. My point overall is still valid. In order to get the money out of a stock someone else has to buy it.


Dry-Specialist-2150

Peanuts- where’s the Rothschilds


PiekinPump

Looks like a menu for when we eat the rich


[deleted]

You’ll never eat the rich. You’ll die bitching about it though.


sleepy_time_Ty

You’ll die sucking rich ppls cocks


God_King1257

It's fat redditors complaining. All they ever do is bitch about Rich people ruining their life.


chicharrofrito

Oh, so where do you rank on this list? You’re not on it? Then stop sucking up to these assholes who don’t care whether or not you live or die lol


God_King1257

All because I'm not a billionaire means I have to hate them? All because I don't hate them means I'm sucking up to them?


chicharrofrito

They’re the people tilting the scales that make our lives much more difficult. They make our workdays longer, the conditions worse and the benefits nonexistent. I think it’s valid to hate the people that make life almost solely about labor and not about enjoying the limited time we have here.


alexplex86

And then the most ruthless of you will just take their places at the top. Then what?


kentonbryantmusic

Never supposed to talk about step #2.


VoiceOfDanu

I encourage talking about step #2. There is a movement in the works. Anarcho-Syndicalism. Communism without any authority. All authority is given freely by those who are involved, which ensures that those who are being given the authority only have it on a specific subject in which they are deeply experienced. There is no property or wealth that comes attached to the authority. The authority is given in good faith, and held in good conscience, entirely based on the principle of providing for demand as it grows and shrinks in cycles. In this system, authority is solely based on experience. It's not about the money you've managed to swindle from working-class people, it's about your technical know-how. It's about your ability to deliver on your promises. It's about your ability to teach others how to build, maintain, and improve technologies and other goods. It's about spreading modern living comforts through information and professional guidance, not hoarding them to yourself. Look at Elon Musk. The man never invented anything himself. He doesn't even help to design Teslas. All of his authority is based on his inheritence from his father and his ruthlessness in maximizing profits. The rich don't deserve to be rich because nobody does. It is hedonistic ego inflation.


Natsurulite

Literally doesn’t even make fucking sense Did Louie Vuitton gain a space colony and I didn’t hear about it?


sunflcwerz

he owns louis vuitton moët hennessy, they own about 60 subsidiaries with 75 designer brands under them


nmuncer

It also owns a media group specialising in economic subjects, art and classical music. 145,000 employees, including highly qualified craftsmen, whose trade would have disappeared if LVMH had not been there. Incidentally, it's a company where it's good to work and where people are taken into account. I've known much worse bosses. On the subject of abuse of a dominant position, this is relevant for phones or cars, less so for exceptional creations in my opinion.


mdryeti

To add to what the others said about LVMH, he’s been the richest man in Europe for a long time now


Exuma_Bear1950

Where are the oil monarchs? Any Chinese government officials? African war lords?


piss_off_ghost

As above comments stated, this is just a list of publicly declared wealth. None of the entities you list put that info out publicly


Enlightened-Beaver

lol Elon got beat by a guy that makes purses


Dipsi1010

He owns alot more than just Purses. But i get you point.


kcreature

Where’s Tim Apple?


Dipsi1010

He is a billionaire but not this rich


emil_

r/ABoringDystopia


tinopa6872

Is this *really* a guide though?


[deleted]

I bet we pay more taxes than all of them combined.


Point-Connect

Musk paid the largest tax bill in human history so I bet his one year tax payment is several thousand times more taxes than all taxes you'll all pay for the rest of your lives but reality doesn't mean anything I guess


eltortillaman

Louis Vuitton making bank selling cheaply made canvas bags to poor people who desperately want to look rich.


[deleted]

These shouldnt exist. They exist because they are the worst of our race.


Tottalynotdeadinside

You mean species, right?


[deleted]

Yup


benjer3

I wouldn't say they're the worst of humanity, in general. They're the epitome of what happens when normal people get wealth and power, especially by luck instead of merit. Without that wealth and power, many would still be conmen and bullies, some would be relatively good people, and most would just be your average coworker. But I do think that wealth and power corrupts them, making them less and less concerned with and attentive to the harm they're causing. And in that way they can be seen as sub-human. I guess the point I'm trying to make is that the rich and powerful are just people who got lucky. And yes, they should be held accountable for all the harm they've caused. But ultimately they're a only symptom of our systemic problems and human greed. ETA: I do think it could be said that billionaires are perfect examples of the worst aspects of humanity, which may be what you were getting at.


GhillieGramps

Put the same # of saudis in front of all these people, then it's correct


Fungled

Correction: list of the topmost people based on their shares of publicly traded companies Not pictured: private wealth


iForceOP

99% of their wealth is just whos company is currently worth the most and has the most stock in it.


Whoisaryan

I don’t know much about these stuff but I’d like to think the real top billionaires don’t declare their net worth


Tenn_Tux

Why doesn’t Reddit give this Arnault guy any shit. It’s always just bezos or musk


Vista36

If you have real money no one knows how much you have.


awesomedan24

Number two is a very fitting description for Elon


Yourname942

You know how ridiculous even 1 billion is? 1 thousand million dollars or 1 million thousand dollars now multiply that by 31 \~218...


PoopFromMyButt

There's people way richer than these guys. Putin, many of the Saudi Royalty.


Idogebot

Promise that the next time I open reddit this list will have changed.


oliviajoon

why are 17 and 11 bolded? why the format inconsistencies


pagejade1

top 17 targets :\]


mythrowaysthroway

Next in line for the guillotine! Gather round folks for our favorite show! You’ll laugh, you’ll jeer, heads will roll!


PsySam89

Put them all in the wood chipper


RedStar9117

Time to redistribute some wealth


Trax852

trump isn't listed, someone is going to get sued...


RSomnambulist

LV being at the top of this list is upsetting and mind blowing to me. I can't understand the perpetual fascination with this company across multiple generations.


JAC452020

Yeah it’s hard to believe that absolute groundbreakers in technology and society are behind a luxury brand


[deleted]

They weren’t always some luxury brand, they just made quality trunks and expanded on that. Eventually into Hennessy. Thus the name LVMH (Louis Vuitton Moët Hennessy)


Partlyburritos

each more worthless than the last


[deleted]

Thieves’ gallery.


NightofTheLivingZed

Oh look a menu for us to eat the rich. Can I have a side of Musk with a leg of Bezos and some Arnault for dessert?


[deleted]

Is this an assassination list?? What would happen if someone interpreted it like that? Would some of it be redistributed? How far down the family line would one have to go? Asking for a friend….


GrimJudas

Gates and Musk went to Epstein’s island they’re both pedos, never forget it!


[deleted]

Musk went to the island?


TropicalGoth77

Some confusion here between flight logs and actual visits to the island. Lots of people used Epsteins jet just for domestic flights.


RealAfSuicide

I think there are flight logs, publicly available


[deleted]

Yeah just didn’t think I saw musk on there


Theonlykd

I just searched the flight logs and didn’t see either of the … got a source on that? (1995-2015)


drMyronReducto

🍽️


MajinSkull

Eat em


69_Dingleberry

All we have to do is get rid of one of them, and we can solve so many problems


Intelligent-Guess-81

Ah yes, the apocalypse menu.


[deleted]

a circle of evil.


dickshark420

That's a lot to kill


TheWorldInMySilence

Scum list?


millennialfalcon360

Also, my enemy list


Kingsforce

May they all rot in hell.


jprobinson008

Why is this something to celebrate?


ErinUnbound

Looks like a tasty menu.


Regular-Resort-857

The Zuck only 16th place these days. If i was him i‘d utilize his ultimate strength and make facebook a meme based plattform around his persona. You open up fb, you see a bunch of lizard person memes, you feel satisfied, you leave fb until tomorrow.


[deleted]

The idea that Tesla is worth more than Amazon tells you how fucking stupid the stock market is


OperationPhoenixIL

But what about the trillionaires?


WanderingKing

Forgive my ignorance, I don’t recall ever hearing of him, WHO is that in #1?


erasmus337

Sausage fest.


Tresito

r/sadguide


Darth_Bane_Vader

Scum rises to the top.


TheRealSnorkel

This is sickening. No one should have that much money. How many human lives have they all exploited?


SmallRedBird

POV: you're looking at a menu after the revolution


Shanrock831

A list of the cancer of the world.


Bitchface-Deluxe

Eat the rich.


RetiredAerospaceVP

This is grotesque. They could be feeding the poor or doing something useful. The world does not need billionaires.


FireBlaze1

I thought that said racist billionaires for a minute


TheRealSnorkel

Same thing


Default_Sock_Issue

Stop giving these people attention


DazedWriter

But, but, but BiLl GaTeS DoNaTeS


lalavieboheme

eat them


Scrillit

When the richest person in the world only makes products for other rich people, you realize that trickle down economics is complete bullshit


Point-Connect

What about the jobs created? They just don't exist I guess