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Show HN: Richest people in the world by wealth creation instead of ownership

https://anti-forbes-list.vercel.app
29•sakshyampatro•5h ago

Comments

JumpinJack_Cash•4h ago
Are these all one person shops?

That's news to me

delichon•52m ago
> It’s not a claim that one person built the company alone.
nashashmi•1h ago
Non founders like Eric Schmidt are not recognized.
claw-el•7m ago
Not talking about Eric Schmidt specifically, but this list seems to irrationally over allocate value creation to founders rather than the team that supports them?
conartist6•41m ago
Where is Linus Torvalds on this list?

I would expect him to be in one of the top spots.

reader9274•37m ago
What's his "company"?
cassianoleal•36m ago
This is a list of people.
conartist6•32m ago
Yes I was seeing it as a list of people. Even if you ignore Linux and focus only on the amount of wealth Git has created... ...I still think he'd be at the top.
ecocentrik•36m ago
His organization is The Linux Foundation.
jameshart•19m ago
Jimmy Wales too
petra•40m ago
I like the effort.

It needs some improvement.

Elon musk is among the top of the list. He is also the founder of companies that created and advanced a lot of technological wealth in the world. A huge contribution.

But it's far from certain that the recent SpaceX stock will create a lot of wealth for retail owners. Maybe even the opposite.

Krasnol•20m ago
Which companies are those?

SpaceX is the only one I know that he founded and which, through their satellite network advanced "technological wealth".

Also this lists definition is:

> "Each figure is the shareholder wealth a founder’s company created, now held by index funds, pensions, employees and co-founders, minus what the founder kept."

How should this even remotely apply to Elmo?

paytonjjones•25m ago
I'm no economist but I'm having a hard time grokking any meaning out of this metric.

So if Elon decided to sell all his shares today (and likely destroy his companies in the process), he'd shoot to the top of the list? What's the point in that?

My 401k has benefitted from the growth of e.g. Amazon for sure, but the main 'wealth' I get from them is my ability to buy anything and get it delivered in a day. That is, I benefit from their infrastructure existing, regardless of who the shareholders are.

benregenspan•17m ago
> So if Elon decided to sell all his shares today (and likely destroy his companies in the process), he'd shoot to the top of the list? What's the point in that

It looks like the methodology involves subtracting the founder's entire net worth, so selling the shares would leave him in the same place.

jpcom•20m ago
What do the minus numbers signify?
p_j_w•13m ago
First line in the article:

> Each figure is the shareholder wealth a founder’s company created, now held by index funds, pensions, employees and co-founders, minus what the founder kept.

jdw64•19m ago
Personally, I thought the list was about the criteria for wealth creation—like a standard for discovering the most valuable knowledge, technologies, or research papers. But it turns out it's just a slightly different rich list. So what value did Buffett actually create?

I was expecting to see a list of technologies like Linus's Linux or the transistor, but it's just a list of rich people.

The strangeness of capitalism seems to be that it misjudges value that hasn't been financialized.

I think the title is misleading—I should probably correct it to something like:

'A list of donors who contributed a lot of dividends and capital gains to Wall Street pension funds and index funds.'

voidhorse•19m ago
At a glance, this seems heavily recency-biased and not adjusted for inflation. I would expect a lot of other names that predate the 21st century to be on the list. The methodology page doesn't even contain the word 'inflation'.
throwaway27448•14m ago
Boy this really shows how little value the market provides
SideQuark•3m ago
Yeah, it only pays pensions, retirement accounts, provides liquidity for new industries, which then grow and provide jobs, and has been demonstrably one of the best inventions for pulling billions out of poverty and increasing standard of living generation after generation for hundreds of years over hundreds of countries on the planet.

We should outlaw all markets, right?

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