Who is really the richest (money wise) person in the world?

I know most will say Jeff Bezos with a recently much reduced 116 billion. Yet personal monitory wealth is very much deceptive.

A smaller minority will say its the Rothchild family with its 2 trillion dollar wealth. And they also could be correct, because of who holds various proxies, head of estates and even guardianships.

Yet even that is misleading because who controls what in the corporate world.

Below I am giving some estimate worths. They are only approximates. Yet some of this could give a better picture of just who controls what and possibly who really is the richest.

Note of warning some of this may be surprising if not disturbing.

[sep]

World wide three richest families:
https://www.trendrr.net/3894/top-10-richest-families-in-world-usa-famous-net-worth-income/

1. Rothchild family 2 trillion Germany
2. The House of Saud – Saudi Arabia: $1.4 trillion
3. The Walton Family – United States: $152 billion

[sep]

Now to give some corporate world wide comparisons because family ties are truly based on their businesses.

Corporations by assets:

https://www.insidermonkey.com/blog/10-largest-companies-in-the-world-by-assets-589803/?singlepage=1

1. Industrial and Commercial Bank of China $3.47 trillion,
2. Fannie Mae $3.28 trillion.
3. China Construction Bank $3.01 trillion
4. Agricultural Bank of China $2.82 trillion
5. Bank of China $2.61 trillion
6. Mitsubishi UFJ Financial $2.59 trillion.
7. Japan Post Holdings $2.522 trillion.
8. JPMorgan Chase & Co. (NYSE:JPM) $2.51 trillion.
9. HSBC Holdings plc (ADR) (NYSE:HSBC) London-based $2.37 trillion.
10. Bank of America Corp (NYSE:BAC) $2.196 trillion.

By net worth:

1. Apple (AAPL) Market Cap: 943.57B
2. Microsoft (MSFT) Market Cap: 928.57B
3. Amazon.com (AMZN) Market Cap: 919.65B
4. Alphabet (GOOG.O) Market Cap: 859.25B
5. Berkshire Hathaway (BRK-A) Market Cap: 521.35B
6. Facebook (FB) Market Cap: 511.35B
7. Alibaba Group (BABA) Market Cap (China): 481.91B
8. TenCent (TME) Market Cap (China)8: 480.78B
9. Johnson & Johnson (JNJ) Market Cap: 369.1B
10. JP Morgan Chase (JPM) Market Cap: 363.75B

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Thinkerbell · 41-45, F

I don't really understand what you are trying to say here. A bank's assets, for example, don't belong to the bank; they belong to the depositors.

Similarly, the market capitalization of Apple belongs to the stockholders.

Or are you just saying that you don't like so much money to be under the investment control of so few?

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DeWayfarer · 61-69, M

@Thinkerbell and I will say it again.
[quote]This list is for a bigger picture. I only showed it to you for the top three items. [u][b]And you looked at everything else but the top three.[/b][/u][/quote]

It seems like you are doing this because you don't want to see it or acknowledge it. So you look at and complain about everything else when it has nothing to do with what we were talking about.
[big][u]It's just the top three.[/u][/big]

Thinkerbell · 41-45, F

@DeWayfarer

I already commented on the top three. Even if those figures are correct (and Forbes doesn't agree with them), it makes little difference to redistribution of wealth.

DeWayfarer · 61-69, M

@Thinkerbell And you know my opinion on how reliable forbs is.[quote]Forbs isn't forthcoming until after the fact. Such is the case with Kylie Jenner. Forbs goofed![/quote]

Northwest · M

[quote]Who is really the richest (money wise) [b][i][u]person[/u][/i][/b] in the world?[/quote]

Your list does not have a single person on it. They're all families and banks/countries.

Bezos may be the richest person, on paper, but if he attempts to sell all his Amazon assets, the stock price will plummet big time. Same goes for Zuckerman, Ellison, and all those whose entire fortune is based on a single stock.

Gates is in a better position, as he no longer owns much Microsoft stock, he diversified over the years, into hundreds of blocks, so is he sells it all, his net worth will be about the same, but of course that's tied to the general market.

The real money, is in the hands of individuals whose assets are in real estate. That can be traded for cash at any time, even during market down turns. The only caveat, now, is that commercial real estate may be looking at a rough period, due to the uncertainty of need for an actual office, as people/companies get comfortable with remote work.

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DeWayfarer · 61-69, M

@Northwest now who really runs the company? That's the real person who controls their wealth. No need to have all that wealth if you control it.

Northwest · M

@DeWayfarer It's a job the board votes someone in to do, just like any other company.

DeWayfarer · 61-69, M

@Northwest still the controlling person. Bet it's a life long position. Though who is to say! 🤷🏻‍♂️

Peaches · F

I always thought it was Oprah?!🤔

DeWayfarer · 61-69, M

@Peaches not any more. Actually now that Bezos wife got her divorce settlement, she is now the richest woman in the U.S.. She got 46 billion of his once 160 billion.

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