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

Economics Explained · explainer · Watch on YouTube

Labor, work & inequalityInvesting & personal finance

What it is

An Economics Explained video on the different kinds of billionaires, from founders to oligarchs. It explains how wealth is held in illiquid stock and why diversification is a problem for some.

Why Hacker News recommends it

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

  • 4 people recommended it
  • 4 different months
  • 0 strong recommendations
  • first 2020, last 2022

What HN commenters said

  1. “Economics explained has a great video on the various types of billionaires”

    Explains types of billionaires and liquidity of stock wealth

    aliceryhl, 2020-06 · Recommendation · in “Amazon added a non-compete after the employee entered the U.S. on an L1B visa”

  2. “fyi youtube video of why these simplistic comparisons of "net worth" based on shares-times-stockprice is meaningless”

    Shows why share-price net worth comparisons are meaningless

    jasode, 2020-07 · Recommendation · in “Billionaire Musk's net worth zooms past Warren Buffett's”

  3. “Its a bit click-baity but does provide an overall summary pretty nicely.”

    Fun if slightly clickbaity summary of billionaire types, incl. oligarchs

    somethoughts, 2021-01 · Recommendation · in “Bill and Melinda Gates: America’s Top Farmland Owner”

  4. “Economics Explained did a great video on the topic of how diversification is a big problem for some billionaires”

    Covers diversification problems for some billionaires

    bin_bash, 2022-12 · Recommendation · in “Protocols, Not Platforms”

Excerpts from Hacker News comments, linked to the originals. Summaries and labels were written by a language model from those comments.

Topics: net worth, stock wealth, economics, diversification, oligarchs

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