Forbes Real – Time Billionaires
June 8, 2012 3 Comments
A couple of days back I did a post on Bloomberg’s daily updated Billionaire’s list.Here is the link if you are coming in late: https://wealthymatters.com/2012/05/25/bloomberg-billionaires-list/.
Today I found out that Forbes has a similar list which is updated with a fifteen minutes lag. You can take a look at this list here:http://www.forbes.com/real-time-billionaires/.
The differences in the 2 lists are due to differences in the methodology used to estimate the net worth of these billionaires.The differences might seem huge,but keep in mind that if these net worths were so easy to tally up easily they wouldn’t be such large fortunes .
Now have fun watching huge sums being made and lost in the time it takes to snap your finger.
Here is a quiz put together by Robert Frank to help you decide just how transient your wealth may be.Just answer the questions below honestly and tally up your score and read the result from the list at the bottom of the post.
The Bloomberg Billionaires List consists of a daily ranking of billionaires by net worth.You can access it here 
In India,as in other parts of the world, many people believe that migrating to the US is a sure shot way to wealth.Ofcourse,given the exchange rates, earning in USDs, or for that matter in GBPs,Euros,CHFs,CADs,AUDs,SGDs might make a person very rich in rupee terms.But expenses to maintain the living standards a person might take for granted in India,such as house help will use up a large part of one’s dollar earnings.Then the investment options available are entirely different and steeper taxes eat into one’s wealth.
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