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   Brew Review // Morning Brew // Update
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     What the world's richest people are up to...
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             October 19, 2025
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                 Zach Hackman
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            EDITOR’S NOTE
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                  Good morning.
                 </strong>
                 Today’s issue will be devoted to people with enough money to Scrooge McDuck dive into it (though we hope they have the good sense not to—or at least to film it for YouTube if they do). Welcome to Billionaire Brew, where we’ll be looking at the most common ways to become one of the .01 percent, how they’re spending all that cash, and even how we know how many billionaires are out there. So, have your butler scroll down for you and jump right in.
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            NUMBERS
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                 Not quite a billion facts about billionaires
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                 The number of people who may think a banana costs $10 has exploded in the last few decades. The US has
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  902 billionaires
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                 this year, up from 66 in 1990, when the economy was less than half of its current size and $410 million was equivalent to $1 billion in today’s dollars.
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                 US billionaires are collectively worth about $7.6 trillion, according to Forbes data analyzed by Americans for Tax Fairness. That accounts for ~4.5% of all wealth held by Americans, while making up just .0003% of the population.
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                 Who (and where) are they?
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                 The US leads the pack, home to almost one-third of the world’s 3,028 people with a $1+ billion net worth, followed by China (450), India (205), Germany (171), and Russia (140), per Forbes.
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                 The folks for whom a Ferrari impulse buy is roughly the financial equivalent of your last-minute decision to Uber to the airport tend to cluster in cities. Forbes found that the leading billionaire hubs are New York City (home to 123 billionaires), Moscow, Hong Kong, London, and Beijing.
                </p>
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                 It’s a boys club, with women accounting for just 13% of the world’s billionaires, according to the Altrata Billionaire Census—though that number is
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  growing
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                 .
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                 Tracing the benjamins
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                 Some routes are more likely than others to land you in the exclusive club that includes Bill Gates, Ronaldo, Selena Gomez, French fashion executives, and Russian oil tycoons:
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                   The most common way to achieve billionairehood is to be born into a wealthy family or by marrying into wealth, with a third of billionaires having inherited much of their net worth.
                  </span>
                 </li>
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                   The likeliest
                  </span>
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                   <em>
                    professional
                   </em>
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                   path to billionaire status is to follow in Warren Buffett’s footsteps, as 15% of billionaires derive their net worth from the finance and investment industry.
                  </span>
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                   Tech minted 13% of billionaires, followed by manufacturing (11%), fashion and retail (10%), healthcare (7%), food and beverage (7%), real estate (7%), diversified industries (7%), media and entertainment (4%), and energy (4%).
                  </span>
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                 <strong style="color:#000">
                  Most can’t fully cash out:
                 </strong>
                 Billionaires typically aren’t able to build a castle out of hundred-dollar-bill stacks, since 66% of their net worth is tied up in stocks (often in a company they started), which they can’t sell easily, according to Altrata.
                 <em>
                  —SK
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            Presented By Fisher Investments
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              Tax-smart strategies for investors with $5m+
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             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              Managing significant wealth isn’t just about growth. It’s about ensuring you keep more of what you’ve earned. Luckily,
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               <em>
                Tax-Efficient Wealth Management for Affluent Investors
               </em>
              </a>
              features forward-looking advice to help strengthen and optimize your portfolio.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              Inside, you’ll find actionable
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               tax-planning techniques
              </a>
              and straightforward investment strategies for affluent retirees like you.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              You’ll also find insights to help with your estate planning so you can ensure your financial legacy is distributed according to your wishes while minimizing tax exposure.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              Why let your savings get eaten by excess taxes? Discover how tax-taming strategies can help you stay on track and keep more of what’s yours.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              Download
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               <em>
                Tax-Efficient Wealth Management for Affluent Investors
               </em>
              </a>
              today.
             </p>
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            BUSINESS
           </h3>
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                 The wealthiest people you’ve never heard of
                </a>
               </h1>
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               <img alt="Amancio Ortega and daughter Marta Ortega" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1240%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-10-17%252Fimage-fd9c456040d649f15dd68fcda8bddc5d551a7f74-4500x2953-jpg%252FGettyImages-1002814214.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjA4Njg0ODguMTg5OTUxN30:1vAQKe:0aryVdZq7e4mN651Nf47S4CqrP6D7NwDg6YSUdCrmJc" style="width:100%;max-width:670px;display:block" width="670"/>
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                  Amancio Ortega and his daughter Marta Ortega. Fotopress/Getty Images
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 You’re familiar with their games, but probably not their names. For every prominent billionaire dominating your news feed, there are hundreds more running the world whom you wouldn’t recognize if they bumped into you on the street. According to
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Bloomberg
                 </a>
                 , that includes:
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  The richest non-royal family in the world:
                 </strong>
                 Siblings and Walmart heirs Jim, Rob, and Alice Walton are worth a combined $387 billion thanks to the retail giant that Papa founded in 1962. Alice—the wealthiest woman alive—has largely stayed out of the family business and focused on the arts, opening a museum in Arkansas to display her private art collection.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Spain’s wealthiest person:
                 </strong>
                 The puffer jacket you just grabbed from Zara because it’s suddenly getting cold in the afternoon contributed to Amancio Ortega’s $118 billion treasure chest. Ortega is the founder and majority-owner of Inditex, the world’s largest clothing retailer, which owns seven brands, including Zara.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  The “father of digital trading”:
                 </strong>
                 After immigrating to the US from Hungary at 21, Thomas Peterffy made his way to Wall Street and pioneered some of the first electronic trading tech. He built his own company, Interactive Brokers, which became one of the most popular brokerages for advanced US traders and amassed him an ~$82 billion fortune.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  TikTok’s original creator:
                 </strong>
                 One of the wealthiest people in China is 42-year-old Zhang Yiming, the co-founder of TikTok parent company ByteDance. He
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  told
                 </a>
                 the South China Morning Post that when he was CEO (until 2021), he required “all management team members to make their own TikTok videos” and do pushups if they didn’t get a certain number of likes. He’s worth ~$60 billion.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Real-life Wonkas:
                 </strong>
                 Brother and sister John and Jacqueline Mars are the third generation to help lead their family’s eponymous food conglomerate. All those M&amp;Ms, sticks of Orbit, and bags of Pedigree kibble add up to ~$100 billion in combined net worth for the Mars siblings.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Mark Mateschitz:
                 </strong>
                 With $38 billion, the 56th-wealthiest person on the Bloomberg Billionaires Index is Mark Mateschitz, the son of the late Red Bull co-founder Dietrich and beneficiary of his 49% stake in the company. Inheritance gives you wings.
                 <em>
                  —ML
                 </em>
                </p>
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            REAL ESTATE
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                 The real estate splurges of the ultrawealthy
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                  Ted Soqui/Corbis via Getty Images
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 One of the biggest differences between you and a billionaire is that your ideal vacation might involve lounging on the sand, while their ideal Tuesday entails buying the whole beach.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Billionaires be shopping for waterfront property:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   A stretch of land in Palm Beach, Florida, nicknamed Billionaires’ Beach, is
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    home to
                   </a>
                  </span>
                  <span>
                   the mansions of 58 billionaires, according to Fortune. About 70 miles down the coast, Jeff Bezos and 88 other very rich residents live on the tightly surveilled private island of Indian Creek Village, which has been dubbed
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    Billionaire Bunker
                   </a>
                  </span>
                  <span>
                   .
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   In Hawaii, Oprah Winfrey has a pad, Michael Dell recently bought the land that his Four Seasons Resort sits on, Salesforce CEO Marc Benioff quietly amassed ~600 acres for
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    unclear purposes
                   </a>
                  </span>
                  <span>
                   , and Mark Zuckerberg is
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    building
                   </a>
                  </span>
                  <span>
                   a compound.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Why share when you can have the whole island to yourself?
                 </strong>
                 Oracle CEO Larry Ellison
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  paid
                 </a>
                 $300 million for the 90,000-acre Hawaiian island of Lanai in 2012, Google co-founder Larry Page
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  bought
                 </a>
                 a large Puerto Rican island in 2018 (his fifth tropical isle on record), and Virgin Group’s Richard Branson owns—you guessed it—one of the Virgin Islands (Necker).
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Hosts and their guests spare no expense traveling between houses, either. Yacht and private jet sales grew 13% last year, according to Bain.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Billionaire decor may include:
                 </strong>
                 extensive art collections, trophies won by the
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  pro sports teams
                 </a>
                 they own, a first-edition
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  copy
                 </a>
                 of the US Constitution, and a 14-foot
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  shark
                 </a>
                 preserved in formaldehyde.
                 <em>
                  —ML
                 </em>
                </p>
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            Together With Fisher Investments
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               Ease into your next chapter.
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              You’ve worked hard to save for retirement. Now let your portfolio do some heavy lifting.
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                The Definitive Guide to Retirement Income
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              covers seven ways you can use a $1m+ portfolio to generate income so you can enjoy life. Plus, get insights to help you understand your cash flow needs and manage your monthly expenses.
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            PHILANTHROPY
           </h3>
          </div>
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           <tr>
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               <h1 class="story-title" style="color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px">
                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Some billionaires are also billion-dollar donors
                </a>
               </h1>
              </div>
             </table>
             <div class="header-image-container" style="padding-top:15px">
              <a style="border:none;text-decoration:none" target="_blank">
               <img alt="Gates foundation" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1240%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-10-17%252Fimage-e0bf92a0ab3649848d64a8b42167df0ad41c1d77-2796x1436-png%252FScreenshot2025-10-17at2.08.01PM.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjA4Njg0ODguMTkxMDEzfQ:1vAQKe:uGwnc3RoFAQ9YG3ifVfRLwK7Wm0sFwjTodlkRixA2lo" style="width:100%;max-width:670px;display:block" width="670"/>
              </a>
              <p style="margin:0;padding:0;line-height:22px">
               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                <small>
                 <em>
                  Gates Foundation
                 </em>
                </small>
               </span>
              </p>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Like that friend who buys rounds whenever you go out, some billionaires don’t mind giving away their wealth. The 400 richest Americans collectively
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  donated
                 </a>
                 $319 billion to charitable causes such as health, education, and political advocacy in their lifetimes as of last year, according to Forbes.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 While that may sound like a lot, Forbes found that it amounted to just 4.6% of their collective net worth at the time, down from 5% of billionaires’ wealth donated the previous year—an indication that their philanthropy hasn’t kept up with asset growth.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Many of the top donors are members of the Giving Pledge, a campaign started by Bill and Melinda Gates with Warren Buffett in 2010 to encourage the ultrawealthy to donate at least half of their net worth in their lifetimes.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 While most signatories aren’t on track to hit that goal, there are exceptions:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Buffett is the most generous billionaire in absolute terms, having donated almost $65 billion to various causes through the Bill and Melinda Gates Foundation and his own organizations.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   George Soros has given away $32 billion, or at least 75% of his fortune, making him the most generous living billionaire in relative terms.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   But they’re all misers compared to Duty Free Shoppers co-founder Chuck Feeney, who donated virtually his entire net worth of $8 billion to charity before he died in 2023.
                  </span>
                 </li>
                </ul>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 There are tax benefits
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Philanthropic giving reduces taxable income, so, while it doesn’t actually save billionaires money, it lets them give some of it to charity (of their choosing) instead of the government.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  But not all “giving” is the same:
                 </strong>
                 Some ultra-wealthy philanthropists have been criticized for parking their cash in private tax-advantaged foundations, which are only required to disburse 5% of their holdings to charity annually.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Meanwhile, donor-advised funds (DAFs) allow the wealthy to invest their assets with no yearly disbursement requirement and donate them with less scrutiny. Over a third of DAFs
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  didn’t give
                 </a>
                 any money to charity in 2020, according to a study by the Council of Michigan Foundations.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Billionaires are just a small slice of charity:
                 </strong>
                 Despite their outsize contribution,
                 <strong style="color:#000">
                 </strong>
                 gifts from the top 400 US billionaires accounted for just over 5% of America’s charitable giving last year, according to Morning Brew’s analysis of data from Forbes and Giving USA.
                 <em>
                  —SK
                 </em>
                </p>
               </td>
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               <td class="social-container" style="padding-bottom:15px;padding-left:15px">
                <!-- SOCIAL LINKS -->
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            MEDIA
           </h3>
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               <h1 class="story-title" style="color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px">
                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 How to estimate billionaire net worth
                </a>
               </h1>
              </div>
             </table>
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              </a>
              <p style="margin:0;padding:0;line-height:22px">
               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                <small>
                 <em>
                  Westend61/Getty Images
                 </em>
                </small>
               </span>
              </p>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 It’s pretty easy to tell which of your friends has money: stories about skiing as a child, Venmo requesting you $6.53 for half of their fries, and no attempt to find their lost Yeti water bottle. It’s much harder, however, to figure out the precise fortunes of the mega wealthy.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 That doesn’t stop journalists and analysts from digging through documents and pestering ex-wives to give them the details, though.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  The big two estimators:
                 </strong>
                 While several media companies offer regional and national wealth rankings, there are two main billionaire lists: the Forbes Real-Time World Billionaires List and the Bloomberg Billionaires Index.
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Forbes compiled its first list of international billionaires in 1987. It managed to find 140 of them, with just 44 in the US.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Bloomberg first rolled out its own list—which updates daily after the market closes—in 2012.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Rob LaFranco, former global editor of the Bloomberg Billionaires Index,
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  said
                 </a>
                 that the Bloomberg team uncovered 400 hidden billionaires in just the first five years of compiling the list.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Nothing is 100%.
                 </strong>
                 The journalists who compile these lists are the first to tell you that the process of calculating wealth is not an exact science. It’s easiest to verify an individual’s fortune if most of it is held in shares of a publicly traded company. Beyond that, researchers comb through divorce filings and other
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  court documents
                 </a>
                 , as well as speak to business associates and industry experts, to try to get an accurate number for private companies and closely held assets.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 These compilers also sometimes just ask wealthy people how much money they have, but that’s not always reliable. Some billionaires
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  overvalue
                 </a>
                 their net worth for hype, while others
                 <em>
                  undervalue
                 </em>
                 it for privacy.
                 <em>
                  —MM
                 </em>
                </p>
               </td>
              </tr>
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            BREW'S BEST
           </h3>
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              <img alt="To-do list banner" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1240%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-09-11%252Fimage-762cbc4c673b8613a0de1bf6711a4fc25276f7a4-1350x330-png%252FMB_todo_banner.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjA4Njg0ODguMTkxODY4OH0:1vAQKe:rU9bfXsBhFrecm0BKg2kNr5uYlNft_Z_4N92A66bD_o" style="width:100%;max-width:670px;display:block" width="670"/>
              <p style="margin:0;padding:0;line-height:22px">
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                <small>
                 <em>
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                </small>
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                <div>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjA4Njg0ODguMTkxOTgwNn0:1vAQKe:7FQhQBd1ucA_pQUdsXS3znsQy81RjWO64dAcmrNU10Y" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Luxe:
                  </strong>
                  Feel like a billionaire
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   with this in your home
                  </a>
                  .**
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjA4Njg0ODguMTkyMDc1NX0:1vAQKe:S5BaDy9DGjQGrna7MS8HYKw2OkSFCHHsrK243G_vY9c" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Focus
                  </strong>
                  : You think these people made their money staring at their phones all day? Well, actually, maybe. Still, it can’t hurt to
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   block
                  </a>
                  social media for a while.
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjA4Njg0ODguMTkyMjAyNn0:1vAQKe:rICv_ZmUzjHvxA4gsXLSjXBrED16Iy8YgPa97b68GSM" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Buy:
                  </strong>
                  Nothing makes you look more put-together than a fancy set of
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   pens
                  </a>
                  .
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjA4Njg0ODguMTkyMjk5Nn0:1vAQKe:1QObGRagZirn4Zv6PTVWPdRhqtpyFj9T58Y3TIT8Po0" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Watch:
                  </strong>
                  Lock in and get into
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   extreme birdwatching
                  </a>
                  .
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjA4Njg0ODguMTkyMzkxOX0:1vAQKe:oTyxJFtrR6MbNUiz8DL-7o57JdUYjUDQKx7JLqEZyY8" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Travel:
                  </strong>
                  Some destination
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   hotels
                  </a>
                  for those who hate minimalism.
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjA4Njg0ODguMTkyNDg0fQ:1vAQKe:EIpeP-fpWwwPiCZUikhgsTzhoKDSDxY0wIfAS1yM3ws" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Dress:
                  </strong>
                  How old-money aesthetics morphed into
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   2000s preppy fashion
                  </a>
                  .
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjA4Njg0ODguMTkyNTgzM30:1vAQKe:5ANVQ8ao5ssv9BRoZTpCHcO7VUdOU4J3WVbP77mIkAM" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Drive:
                  </strong>
                  Mercedes-Benz recently
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   revealed
                  </a>
                  its art-deco-inspired car.
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjA4Njg0ODguMTkyNjg1OH0:1vAQKe:LNfJnzMgt2KrHe7WpQ5-6rO_1MGFq4CNmd2EtIAph5o" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Read:
                  </strong>
                  A new
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   novel
                  </a>
                  about wealthy Americans passing on their trauma.
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjA4Njg0ODguMTkyNzc5fQ:1vAQKe:ZVNiMbMy82WelkFCp40zreeaQ4mihRYLR3_oZ8Tfpp0" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Market volatility update:
                  </strong>
                  Investors with $1,000,000 or more will find
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   insights into navigating volatile markets
                  </a>
                  with Fisher Investments’ latest research-based forecast.
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Learn more
                  </a>
                  .*
                 </p>
                 <placementslot data-id="f22ecb8148ec">
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                 <placementslot data-id="fdfd3cf3052a">
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                  <sup>
                   <em>
                    *A message from our sponsor. **This is a product recommendation from our writers. When you buy through this link, Morning Brew may earn a commission.
                   </em>
                  </sup>
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