Thursday, July 13, 2023

My Favorite Business Rankings – II - Forbes 400

Everyone has heard of the Forbes 400.  It is the ranking of the richest Americans.  This is more of a fun list. It is also very informative. An example, if you look at new wealth and how it was created, you might get an indication of a growth industry. You also get a great idea about family money.

The methodology is sound.  The brief on every individual is interesting and tells you several key facts about the person. Detailed profiles are definitely worth the read. The “did you know” is almost always interesting. The one category I immediately access is “Source of Wealth.” 

A couple of items on each profile I find difficult.  The first one is the self-made score. I think is a very hard judgement. The second one and more difficult than the first is the philanthropy score.  That just seems rude to me to have anyone pass judgement on an individual’s charitable donations. 

It is a fun one to read. Of course, I periodically read an entry and think “why didn’t I think of that”.

 

Link:  https://www.forbes.com/forbes-400/#34e4c567e2ff