What lies beneath: Evidence from leaked account data on offshore banking use

Re:What lies beneath: Evidence from leaked account data on o... by sig-reduction on Monday May 24, 2021 @01:28PM (#27267204)

OP's conspiracy theory is absolutely true. There is a whole thread of academic research estimating the right tail of the wealth distribution (spoiler: the Fed household finances microdata is garbage).

Diff the Bloomberg and Forbes rich lists... they're not the same list. One oligarch on those lists had their estimated net worth double after the Appleby leaks turned up some trusts. I'm pretty sure Bloomberg just calls people up and asks them how much they have.

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Re:What lies beneath: Evidence from leaked account data on o... by azinman2 on Monday May 24, 2021 @02:08PM (#27267718)

I guess it depends on where peoples wealth comes from. It’s probably far easier to estimate Zuckerberg and Bezos when you know it’s tied to a publicly traded company than if it’s all private. I have a good friend who is a billionaire that laughs at these lists knowing they know nothing about his money (not a public company), where it comes from, and where it lives.

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Re:What lies beneath: Evidence from leaked account data on o... by raziel2701 on Monday May 24, 2021 @06:32PM (#27270464)

Yup, Mexico has a ton of wealthy people because of drugs, you don't see their names on these lists.

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