The Ranks of Global Billionaires: Not All Billionaires Are Made Equal

Why HN readers recommended it

HN recommends it to explain why comparing billionaire net worth by share price is misleading.

This is a summary from the source dataset, not an endorsement by Hacker News or the video creator.

Video & recommendation details

Creator / channel

Economics Explained

Topic

billionaire wealth

Format

explainer

Level

general

HN recommenders in dataset

4

HN mentions in dataset

4

Recommendation years in dataset

2020–2022

These counts and years describe the included Hacker News records; they are not YouTube views or the video’s publication date.

From the original HN conversations

Excerpts from the recorded comments. Follow each source for the full comment and surrounding discussion.

• Just because he has Amazon stocks of that value doesn't mean he can turn all of that into cash. Economics explained has a great video on the various types of billionaires [1], which uses Jeff directly as an example of the lowest class of billionaire. …

• fyi youtube video of why these simplistic comparisons of "net worth" based on shares-times-stockprice is meaningless... - The Ranks of Global Billionaires: Not All Billionaires Are Made Equal : [VIDEO] E.g. Theranos owner Elizabeth Holmes once had a "net worth" of 4.5 billion (as calculated …

• Here's a fun video which discusses the phenomenon you're describing. Its a bit click-baity but does provide an overall summary pretty nicely. Economics Explained - The Ranks of Global Billionaires: Not All Billionaires Are Made Equal: [VIDEO] It even covers the oligarchy scenario :)