Reply to Net worth over $20 million

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is too low. Of course I understand that my circle of friends is not a random sample, but personally know probably more than 25 people. And that does not include celebrities like Bill Gates, etc. I am not buying this number. [/quote]

Similar. We personally know multiple billionaires with at least PT residence in the DC area (none of whom show up on any lists) and 25+ UHNW (on the low end) worth over $100M. Most are self-made from MC backgrounds but there’s some old money thrown in there. [/quote]

Mobsters?  What billionaires don’t show up on any lists?

How is it people all seem to know many people that meet the threshold…but you yourself don’t?[/quote]

There’s plenty of family businesses that are 100% private and worth billions that won’t show up in any public filings. Same for those with billions in Bitcoin or those who inherit massive trusts.[/quote]

The Forbes list includes all this.  Numerous people on the list own private companies or inherit massive trusts.  Also includes bitcoin billionaires.

The only people that aren’t on the list are criminal.  It’s estimated Putin may be the richest person in the world because he has confiscated numerous assets illegally…so he won’t be on the list.  Also Mexican cartel leaders aren’t on the lists even though they likely control many billions.[/quote]

I know one guy personally worth low billions whose name doesn’t show up anywhere in Google as a billionaire. He’s not a criminal as far as I know [/quote]

Sure you do.  On DCUM, everyone seems to “know someone”.

[/quote]

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