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Reply to "I think we’re severely undercounting billionaires "
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[quote=Anonymous]In 2012 there were officially ~425 US billionaires, in 2025 there are officially around ~850. In this time the S&P 500 has done a 5-6x including dividend reinvestment. So, either most people with 100-250M a decade ago are terrible at investing, or we just aren’t counting billionaires properly. I know someone who is the child of a billionaire and nothing comes up when searching their name. I think the real number of billionaires in the US is at least 5000 maybe 10,000[/quote]
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