The Anti-Forbes List - Rank founders by wealth created for others
Show HN: Richest people in the world by wealth creation instead of ownership
The Anti-Forbes List redefines success by ranking founders based on the shareholder wealth they created for index funds, pensions, and employees, rather than their personal net worth. By calculating the total value generated beyond T-bill returns and subtracting the founder's retained stake, this tool reveals true wealth creators like Jensen Huang and Bill Gates. It exposes companies that have destroyed value despite founder riches, offering a transparent, data-driven perspective on economic impact. Built on SEC EDGAR data and Forbes Real-Time Billionaires, this open-source project invites community corrections via GitHub to refine its methodology.
Somebody needs to make a list where they rank people by how much wealth they've created for other people.
- adverbly
This is super wrong! Honestly they should probably take this down because of how wrong it is.
Where is Norman Borlaug?
Looking only at stocks is spitting in the face of every economist in the history of humanity. And they didn't even do that right. A company is not one person for starters! And what about if your company causes another company's stock to decrease in value, thereby destroying wealth? This is embarrassing.
- hn_throwaway_99
Comments here are all arguing over the list without reading or understanding the methodology.
My biggest issue with the methodology is that it really only counts stock returns of people not including founder in excess of the T-Bill rate since the IPO. So companies, like Dropbox, that are less than where they were on IPO date give their founders huge negative value created for others, despite the fact that lots of people besides Drew Houston got rich as pre-IPO investors.
I still think the methodology is useful - collectively, every investor since the IPO into Dropbox has done pretty horribly. But that's also pretty obvious just looking at the stock price.
Obviously there are a billion different possible interpretations of what "wealth" could mean, but even if you only take the very narrow definition of "outside investor returns", this is only looking at post-IPO returns.
- conartist6
Where is Linus Torvalds on this list?
I would expect him to be in one of the top spots.
- hankbond
This seems very lazily/sloppily put together. I think it would have been far more useful if a more involved and holistic approach to measure/estimate the proposed idea was taken.
- throwaway27448
Boy this really shows how little value the market provides