Hi there,
Can a private organisation (profit or non) have full access to
rich people's bank accounts?
If not , how do they manage to rank? By estimation? what
margin of deviation?
I take these reports with a pinch of salt.
Rich people are already well known figures. Do
they need to show off their wealth?
Do they want to show off their wealth? for some maybe. But I am
sure many are not so comfortable revealing too much.
1. Is it possible to not avoid disclosing
completely a person's true total wealth
by dispersing it under several loved ones
names / accounts?
2. Is it possible to put into Swiss bank accounts which would
not easily reveal to such ranking organizations?
3. Which company is 100 % transparent? Which rich man wants the
taxman to know how much he really has profitted?
In summary, I am sure there are many rich people do
not wish to let known their true wealth to the
public. With their wealth, they can keep their
info confidential and protected and information made
inaccessible.
Thus, I believe its " Equal or Higher ".
I knew of a CEO who once replied to a reporter asking him how
much he earns and he says without worry and thinking
"in excess of 1 million dollars". He earned actually around
100 million. So, he did not lie and he did not avoid the question
completely. ;)