The Finch Formerly Known As Gold

2 September 2003

Forbes 400, it ain't

According to something called the Global Rich List, yours truly is the 57,547,924th richest person in the world, just barely within the top 1 percent.

I question their methodology — I'm sure there are people below me on the list who have a greater (or at least less negative) net worth — but it does serve as a reminder that there are a rather large number of people (although probably not exactly 5,942,452,076) worse off than I.

And it also reminds me of Arlo Guthrie's rambling "The Pause of Mr Claus", which has about the same instructional value:

During these hard days and hard weeks, everybody always has it bad once in a while. You know, you have a bad time of it, and you always have a friend who says "Hey man, you ain't got it that bad. Look at that guy." And you look at that guy, and he's got it worse than you. And it makes you feel better that there's somebody that's got it worse than you.

But think of the last guy. For one minute, think of the last guy. Nobody's got it worse than that guy. Nobody in the whole world. That guy...he's so alone in the world that he doesn't even have a street to lay in for a truck to run him over.

And he probably didn't need to hit a Web site to tell him he was the last guy, either.

(Via Plum Crazy, which reminds you to subtract expenses before making any calculations.)

Posted at 7:08 PM to Common Cents


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You beat me by 1,023,822.

I figured this with an guess of 45 hours a week.

Posted by: Steve at 11:40 PM on 2 September 2003

You're correct to challenge the methodology, I'm sure that ther are flaws.

E.g. the numbers are based on income only - so in theory it should be called the globalsalarylist - but that didn't work quite as well. Plus getting any kind of global figures on wealth or income is notoriously difficult, so some estimations have been made in order to make it work.

And yes, income does go further in poorer countries, but the calculations would start to get pretty hairy ;)

Iain

Posted by: Iain at 4:16 AM on 3 September 2003

I am right up there with you. Funny I don't feel rich.

Posted by: SageOne at 12:01 PM on 3 September 2003