Maybe biggest takeaway from these last few years When people make their lists of billionaires, are they just *asking* the people themselves if they're billionaires?!?!
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I want to know if there's more people pretending to BE billionaires. or more billionaires pretending they AREN'T billionaires
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One doesn't owe Forbes participation in their status games. Given cursory examination of the rigor behind their reporting versus that of IRS statistics and some knowledge of tax administration, though, I'd bet "underincluded billionaires > overincluded non-billionaires" at 100:1.
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The most important thing to remember about the media is that your default hypothesis should be "A generically bright liberal arts graduate with ~2 weeks of experience on this topic believes they have captured what someone who they believe to be an expert said about it."
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This is a truth, but not a truth which is fit to print.
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