I did not see this published outside of India. But not sure why. It’s all based on Xitter.

  • GraniteM@lemmy.world
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    1 day ago

    According to Harvard Business School, in 1937 J. D. Rockefeller’s net worth amounted to 1.5% of GDP. In today’s wealth, that would amount to about $415.8 billion. And to be honest, I have more faith that the Rockefeller number represents an accurate representation of the real, if not necessarily liquid, wealth that he commanded, whereas rather more of the modern-day billionaires’ wealth is smoke and mirrors based on their own bullshit evaluations of what their assets are theoretically worth.

    It’s still a contest between which dragon is lying on top of a bigger hoard of ill-gotten gold, but those gilded age fucks were really historically impressive.