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.
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?
Show HN: Richest people in the world by wealth creation instead of ownership
31–40 of 61 posts
Re: Show HN: Richest people in the world by wealth creation instead of ownership
#32Re: Show HN: Richest people in the world by wealth creation instead of ownership
#33Re: Show HN: Richest people in the world by wealth creation instead of ownership
#34Re: Show HN: Richest people in the world by wealth creation instead of ownership
#35Boy this really shows how little value the market provides
Re: Show HN: Richest people in the world by wealth creation instead of ownership
#36Non founders like Eric Schmidt are not recognized.
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?
Re: Show HN: Richest people in the world by wealth creation instead of ownership
#37Re: Show HN: Richest people in the world by wealth creation instead of ownership
#38This is super wrong! Honestly they should probably take this down because of how wrong it is. Where is Norman Borlaug? Looking only at stocks is spitting in the face of every economist in the history of humanity. And they didn't even do that right. A company is not one person for starters! And what about if your company causes another company's stock to decrease in value, thereby destroying wealth? This is embarrassi…
You could even add politicians. How much wealth did FDR create?
Re: Show HN: Richest people in the world by wealth creation instead of ownership
#39Re: Show HN: Richest people in the world by wealth creation instead of ownership
#40Other possible titles:
"List of Founders by Uncaptured Equity Value"
"List of Most Regretful Founders"
Logic fully breaks down when looking at ratios. If you have 1 cent, your ratio explodes.Reed Hastings may be the most regretful. He kept just 1.4% of the eventual value: