Forbes: Getting in and moving up the list of billionaires

While for millions of people it remains just that, a nice but extremely difficult dream to realize, it would surprisingly seem that for some die-hard dreamers, it is a constant lifelong objective that must be obtained by all means and at any cost.

Although, several organisations periodically publish their list of billionaires, Forbes continues to hold pride of place as the most consulted on the matter. Forbes however has severally acknowledged the difficulty of determining the true value and ranking of some of the billionaires on its list.

The reason for this is not far-fetched. Simply put, Forbes uses shareholders to make valuations for owners of shares of publicly traded companies. The problematic bit, essentially, are the guesswork processes to estimate the wealth of owners of private unlisted companies whose wealth are, in many clearly obvious cases, way ahead of billionaires with wealth based on fluctuating public shareholding.