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25 sats \ 1 reply \ @tomlaies OP 18h \ parent \ on: How much of the Elite of Billionaires are "stealth wealth"? conspiracy
As for the billionaire families in the West, I believe, they are traditionalists and prefer to remain discreet...
The problem with that tho is that owning more than 10% of a company has to be filed publicly. And large stock ownerships are published too.
Maybe aristocratic families own lots of small stakes and real estate which makes them crazy rich .... Not getting to world elite Forbes list levels with that tho.
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5 sats \ 0 replies \ @7e6e393a56 17h
You're right... and yes, I was referring to the aristocratic families with their silent power. I could mention powerful dynasties in Saudi Arabia, Qatar and the United Arab Emirates with their enormous global influence because of Oil, but I didn't mention it because their power is not veiled.
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