DarkRange55
I am Skynet
- Oct 15, 2023
- 1,961
This is a followup to Part 1.
sanctioned-suicide.net
Part 3 will focus on families. This is more just notes to complete part 1.
Ranked: The World's Richest Families in 2020
Infographic: The Richest Families in America, Visualized
Who are the World's Richest Monarchs?
Top 10 Wealthiest Families in the World
"There is a distinction between wealth held by identifiable individual billionaires or a "nuclear family" and the wider notion of an extended familyor a historical "dynasty," where the wealth of a historically family-owned company or business like the Scudder family has become distributed between various branches of descendants,[3] usually throughout decades, ranging from several individuals to hundreds of offspring (such as the Rothschild family). According to Bloomberg, the world's 25 richest families control more than $1.4 trillion (1,400,000,000,000) of wealth.[4]"
https://en.wikipedia.org/wiki/List_of_wealthiest_families
so much wealth tied up in real estate
House of Saud
There are 20,000 members the house of Saud
Saudis, being royals, dont have to report their worth to anybody
In the trillions… but that is the family as a whole. And most of it is in oil reserves which hasn't even been extracted or sold yet.
Something like 90% of their sales is profit because of how easy and cheap it is to extract.
I believe they gave over 200 billion barrels of oil, supposedly. That is so much oil!
What's crazy too about Saudi Arabia is that it is typically incredibly easy to extract the oil - it isn't very deep down in the ground and it's easy to drill through the ground there. Therefore it's cheap to produce all that oil. That's very different than the Canadian oil sands, for instance, or deep water wells off the coast of Europe - those are all expensive places to drill. Oil prices have to be high to make it worthwhile to drill there but Saudi Arabia's oil is pretty much always easy to drill and with a nice profit margin for them!
Take Venezuela for example, they have the largest proven oil reserves but it costs too much to extract. Their cash reserves are tied up and they are actually kind of in a tricky spot.
This is a gross overgeneralization. When the price of oil goes up, Columbia's currency gains strength and the dollar usually goes down, i.e., an example of petrodollar recycling. (~40% of Columbia's economy is petroleum-based). Conversely, either when the dollar is strong or when prices in the US increase, prices increase significantly more in Columbia. When Columbia import goods such as iPhones, Adidas sneakers, cars or ect, its become more expensive. Columbia is still exporting the same amount of oil to the US and receiving the same amount of USD in exchange. But Columbia is forced to spend more of their USD reserves in order to buy the same imports which now cost more. Additionally, and the important part, is when Columbia is forced to spend more of their USD reserves, the value of Columbia's currency (peso) goes down even further, since there's fewer USD in their nations reserves. So prices for them go up even more.
In 2008 oil hit over $100 a barrel. Pre 2000 it was lucky to even hit $30. Even pre covid, there were many years where their net income isn't even $100b.
Next, there are thousands of royal members of the family who are given $1,000-100k+ a month. And this is based on a 20~ year old leak. That is billions in expenses.
The money aramco makes isn't just for the royal family, it is government owned. How do you think they pay for their citizen's school and healthcare which is free? Citizens also do not get taxed (though they did increase VAT from 5-20-%).
Well, it depends what unit you use to measure wealth. There were multiple trillionaires already.
The wealth of the royal family, which is also known as "The Firm," is estimated at $28 billion (£21.3 billion), according to Forbes.
This is separate from Queen Elizabeth's personal fortune and assets.
The Firm includes King Charles, Queen Consort Camilla, Prince William and his wife, Princess of Wales Kate Middleton, as well as the late Queen's daughter Princess Anne, her youngest son, Prince Edward, and his wife Sophie.
One of the biggest sources of the Windsor family's wealth is their property holdings. The collective properties that belong to the monarchy are managed by The Crown Estate, which is a corporation that manages the holdings of the monarchy through an independent council. It generated an estimated $410 million (£312.7 million) in net revenue by the end of fiscal year 2022. the revenue goes to the British government in exchange for a Sovereign Grant from British taxpayers. The grant is equivalent to 25% of The Crown Estate's profits. The Sovereign Grant for 2022-2023 is about £86.3 million or $110 million.
It is difficult to assess the true value of these properties as many have been passed down through the generations and have not been bought or sold for hundreds of years. Still, the royal family's property holdings are estimated to be worth billions of dollars, according to The Wall Street Journal.
Queen Elizabeth II, the British monarchy's longest-reigning ruler, had a personal fortune of $500 million (about £380.7 million) according to an estimate by Forbes.
Her personal assets were made up of her vast jewelry and art collection, property, and other personal investments.
King Charles, inherited her $500 million per Forbes. Charles' inheritance has reportedly made his wealth total over $2 billion (£1.8 billion), according to The Guardian, and includes assets ranging from estates and artwork, to jewels, racehorses, stamps and cars.
Charles' eldest son, Prince William, now has the Duchy of Cornwall—a large, lucrative estate—in his possession, along with $1.2 billion in net assets that include the Oval cricket ground in London, Charles' former residence at Highgrove House, and the Isles of Scilly, according to Forbes.
The amount of money that goes through that region from oil and Dubai and all that is insane.
A single individual? Probably not yet. A family like the Saudi Royal family? Definitely.
Technically you can easily be a trillionaire if you go to a country where the buying power is vastly different from, say, the US. 1 USD is 22,000 Vietnamese Dong, for example. Would still need 45 million USD. There's plenty of businessmen and women in Vietnam with hundreds of millions of dollars.
There could be multiple if we measure the wealth in a weak currency or the currency of a country with high inflation rates.....
currencies other than the dollar, euro, or similarly valued currencies, then yes, the first trillionaire is already out there. Japanese billionaires are trillionaires in the Yen.
To elaborate. I was meaning two things:
To determine the value of 200 billion barrels of oil, we need the current price of a barrel of oil. Let's assume the price of oil is $75 per barrel (this price can fluctuate significantly over time).
Here's the calculation:
\[ 200 \text{ billion barrels} \times \$75 \text{ per barrel} = \$15,000 \text{ billion} \]
or
\[ 200,000,000,000 \text{ barrels} \times \$75 \text{ per barrel} = \$15,000,000,000,000 \]
So, 200 billion barrels of oil would be worth $15 trillion at a price of $75 per barrel.
Please note that the actual value can vary greatly depending on the current market price of oil.
If you had a trillion dollars and declared yourself to be a country, you'd be the 18th biggest one in the world by yourself.
It's just numbers. They're only valuable if people think they are.
Most of the ultra rich are living way better lives than any king in human history - any food, any land, any material, any man / woman / animal to have sex with.
Even back in the age of kings, nobles would have great influence on everything.
Some of the truly wealthy aren't public figures, and they often don't have wealth tied up in individual companies anymore. They are dynasties.
Richest Person
Looking at the timeline of how wealth was created - 1,000 years ago they didn't have dollars or pounds or euros. They had something else. Well a long time ago it was chiefs of tribes then you had warriors like Alexzander the Great and Genghis Khan, then you have explorers like Balboa and Pizarro...
sanctioned-suicide.net
Part 3 will focus on families. This is more just notes to complete part 1.
Ranked: The World's Richest Families in 2020
Infographic: The Richest Families in America, Visualized
Who are the World's Richest Monarchs?
Top 10 Wealthiest Families in the World
"There is a distinction between wealth held by identifiable individual billionaires or a "nuclear family" and the wider notion of an extended familyor a historical "dynasty," where the wealth of a historically family-owned company or business like the Scudder family has become distributed between various branches of descendants,[3] usually throughout decades, ranging from several individuals to hundreds of offspring (such as the Rothschild family). According to Bloomberg, the world's 25 richest families control more than $1.4 trillion (1,400,000,000,000) of wealth.[4]"
https://en.wikipedia.org/wiki/List_of_wealthiest_families
so much wealth tied up in real estate
House of Saud
There are 20,000 members the house of Saud
Saudis, being royals, dont have to report their worth to anybody
In the trillions… but that is the family as a whole. And most of it is in oil reserves which hasn't even been extracted or sold yet.
Something like 90% of their sales is profit because of how easy and cheap it is to extract.
I believe they gave over 200 billion barrels of oil, supposedly. That is so much oil!
What's crazy too about Saudi Arabia is that it is typically incredibly easy to extract the oil - it isn't very deep down in the ground and it's easy to drill through the ground there. Therefore it's cheap to produce all that oil. That's very different than the Canadian oil sands, for instance, or deep water wells off the coast of Europe - those are all expensive places to drill. Oil prices have to be high to make it worthwhile to drill there but Saudi Arabia's oil is pretty much always easy to drill and with a nice profit margin for them!
Take Venezuela for example, they have the largest proven oil reserves but it costs too much to extract. Their cash reserves are tied up and they are actually kind of in a tricky spot.
This is a gross overgeneralization. When the price of oil goes up, Columbia's currency gains strength and the dollar usually goes down, i.e., an example of petrodollar recycling. (~40% of Columbia's economy is petroleum-based). Conversely, either when the dollar is strong or when prices in the US increase, prices increase significantly more in Columbia. When Columbia import goods such as iPhones, Adidas sneakers, cars or ect, its become more expensive. Columbia is still exporting the same amount of oil to the US and receiving the same amount of USD in exchange. But Columbia is forced to spend more of their USD reserves in order to buy the same imports which now cost more. Additionally, and the important part, is when Columbia is forced to spend more of their USD reserves, the value of Columbia's currency (peso) goes down even further, since there's fewer USD in their nations reserves. So prices for them go up even more.
In 2008 oil hit over $100 a barrel. Pre 2000 it was lucky to even hit $30. Even pre covid, there were many years where their net income isn't even $100b.
Next, there are thousands of royal members of the family who are given $1,000-100k+ a month. And this is based on a 20~ year old leak. That is billions in expenses.
The money aramco makes isn't just for the royal family, it is government owned. How do you think they pay for their citizen's school and healthcare which is free? Citizens also do not get taxed (though they did increase VAT from 5-20-%).
Well, it depends what unit you use to measure wealth. There were multiple trillionaires already.
- The net worth of the British royal family is estimated at $28 billion (£21.3 billion), according to Forbes.
- Queen Elizabeth II had a separate personal fortune of $500 million (£380.7 million), inherited by her son King Charles, according to Forbes.
- Charles' inheritance has reportedly made his net worth over $2 billion (£1.8 billion), according to The Guardian.2
- Additionally, The Crown Estate, which manages the monarchy's property holdings, is valued at about $20.5 billion (£15.6 billion) and generated an estimated $410 million (£312.7 million) in net revenue at the end of the 2022 fiscal year.
The wealth of the royal family, which is also known as "The Firm," is estimated at $28 billion (£21.3 billion), according to Forbes.
This is separate from Queen Elizabeth's personal fortune and assets.
The Firm includes King Charles, Queen Consort Camilla, Prince William and his wife, Princess of Wales Kate Middleton, as well as the late Queen's daughter Princess Anne, her youngest son, Prince Edward, and his wife Sophie.
One of the biggest sources of the Windsor family's wealth is their property holdings. The collective properties that belong to the monarchy are managed by The Crown Estate, which is a corporation that manages the holdings of the monarchy through an independent council. It generated an estimated $410 million (£312.7 million) in net revenue by the end of fiscal year 2022. the revenue goes to the British government in exchange for a Sovereign Grant from British taxpayers. The grant is equivalent to 25% of The Crown Estate's profits. The Sovereign Grant for 2022-2023 is about £86.3 million or $110 million.
It is difficult to assess the true value of these properties as many have been passed down through the generations and have not been bought or sold for hundreds of years. Still, the royal family's property holdings are estimated to be worth billions of dollars, according to The Wall Street Journal.
Queen Elizabeth II, the British monarchy's longest-reigning ruler, had a personal fortune of $500 million (about £380.7 million) according to an estimate by Forbes.
Her personal assets were made up of her vast jewelry and art collection, property, and other personal investments.
King Charles, inherited her $500 million per Forbes. Charles' inheritance has reportedly made his wealth total over $2 billion (£1.8 billion), according to The Guardian, and includes assets ranging from estates and artwork, to jewels, racehorses, stamps and cars.
Charles' eldest son, Prince William, now has the Duchy of Cornwall—a large, lucrative estate—in his possession, along with $1.2 billion in net assets that include the Oval cricket ground in London, Charles' former residence at Highgrove House, and the Isles of Scilly, according to Forbes.
The amount of money that goes through that region from oil and Dubai and all that is insane.
A single individual? Probably not yet. A family like the Saudi Royal family? Definitely.
Technically you can easily be a trillionaire if you go to a country where the buying power is vastly different from, say, the US. 1 USD is 22,000 Vietnamese Dong, for example. Would still need 45 million USD. There's plenty of businessmen and women in Vietnam with hundreds of millions of dollars.
There could be multiple if we measure the wealth in a weak currency or the currency of a country with high inflation rates.....
currencies other than the dollar, euro, or similarly valued currencies, then yes, the first trillionaire is already out there. Japanese billionaires are trillionaires in the Yen.
To elaborate. I was meaning two things:
- Countries with weak currencies. Say 1 usd is worth 100 russian rubles. Whichever billionaire has 10 billion usd or above would be a trillionaire in Russia.
- Rulers of ancient countries. There were basically countries, where everyone had been working to make one guy rich. It is impossible to calculate their wealth in modern currency, but I am sure it would be above a trillion. Genghis Khan controlled a third of the planet for a time. But if you look at the worth of that 1/3rd of the planet at the time things get complicated. The Khan did not own 1/3rd of the world from the time he was alive until today, so today's value of that land is not relevant.
To determine the value of 200 billion barrels of oil, we need the current price of a barrel of oil. Let's assume the price of oil is $75 per barrel (this price can fluctuate significantly over time).
Here's the calculation:
\[ 200 \text{ billion barrels} \times \$75 \text{ per barrel} = \$15,000 \text{ billion} \]
or
\[ 200,000,000,000 \text{ barrels} \times \$75 \text{ per barrel} = \$15,000,000,000,000 \]
So, 200 billion barrels of oil would be worth $15 trillion at a price of $75 per barrel.
Please note that the actual value can vary greatly depending on the current market price of oil.
If you had a trillion dollars and declared yourself to be a country, you'd be the 18th biggest one in the world by yourself.
It's just numbers. They're only valuable if people think they are.
Most of the ultra rich are living way better lives than any king in human history - any food, any land, any material, any man / woman / animal to have sex with.
Even back in the age of kings, nobles would have great influence on everything.
Some of the truly wealthy aren't public figures, and they often don't have wealth tied up in individual companies anymore. They are dynasties.
