Note that assets in a foundations and donor advised funds are not reported in anyone’s net worth online calculators.
There is no way to predict somebody’s net worth and all the lists are wrong. There are only a few public things and they are all snapshots in time that assume it’s still true forever. An actor on a big movie? The list will say “we estimate they made 20 million, lets list them as a net worth of 20 million forever”, a non obfuscated real estate property record either in someones name or linked to them? Okay we are counting that. Aside from that they are just counting shares of public companies that large % holders are required to disclose. Outside of those slivers you’ll still never know if they were a savvy and passive investor in other public equities just like you are trying to be. You’ll never know if they made 1,000% more on tech stocks. You’ll never know if they assigned shares and cash to a charitable organization they control. You’ll definitely never know what subsequent trades the charitable organization made.
But even without pointing at charities: Hedge Funds, VC and Private Equity firms are not reported nor are any business interest. These things can pay out arbitrarily and also have large amounts of funds in any limited partners name.
There is no way to predict somebody’s net worth and all the lists are wrong. There are only a few public things and they are all snapshots in time that assume it’s still true forever. An actor on a big movie? The list will say “we estimate they made 20 million, lets list them as a net worth of 20 million forever”, a non obfuscated real estate property record either in someones name or linked to them? Okay we are counting that. Aside from that they are just counting shares of public companies that large % holders are required to disclose. Outside of those slivers you’ll still never know if they were a savvy and passive investor in other public equities just like you are trying to be. You’ll never know if they made 1,000% more on tech stocks. You’ll never know if they assigned shares and cash to a charitable organization they control. You’ll definitely never know what subsequent trades the charitable organization made.
But even without pointing at charities: Hedge Funds, VC and Private Equity firms are not reported nor are any business interest. These things can pay out arbitrarily and also have large amounts of funds in any limited partners name.