If you are looking for new ways to conduct market research, the Forbes Real Time Billionaires List is an obscure but practical tool to have in your back pocket. The list is updated every day with the estimated net worth of the few thousand billionaires that exist.
Investing in the projects an individual person owns can be as good of an investment as investing in a company, as some people are natural leaders and have had multiple successful businesses in the past. For example, check out this billionaire’s Forbes profile that you can access through the real-time list.
In this article, we’ll explore this method of conducting market research, as we go over how you can best utilize the Forbes Real-Time Billionaires List. We will first cover why this tool is so handy, and then we will go over how to use the list for research, step by step.
Why You Should Be Using This List
This is THE list when it comes to analyzing individual billionaires and their real-time net worths. There are countless articles out there that list off the 10 richest people of the time it was published, and then they immediately become irrelevant when the markets open the following day.
With the Forbes Real Time Billionaires List, you will always have an accurate, up-to-date list of the world’s richest. Why is this a handy thing to have?
Well, you can use the list to find out information about every single billionaire that is publicly known, and see the businesses that the billionaires have founded or own.
To start off, we’re going to go over all the key features that the list has so that you can familiarize yourself with the functionality of the list. First of all, you’ll want to go to the Forbes Real-Time Billionaires List, which can be accessed through clicking here.
Once you have arrived at the webpage, you’ll be presented with the winners and losers of the day. This is a very neat feature, and can be a good indicator of how the stock market is doing on that particular day. For example, if you see the net worth of Jeff Bezos or Elon Musk drop by a few billion, you know the market isn’t doing too hot.
Forbes provides the top five winners (people who have had the biggest gains of the day), and top five losers (people who have lost the most of the day) on the list.
Scrolling down, you will find where the actual list is. By default, the list will simply show you the richest individuals and families from high to low. Today, Elon Musk sits atop the list with $265 billion, almost $100 billion ahead of the next richest individual, Jeff Bezos. You can read more about this absurdity in this article.
However, we’re not here to see the top 10 — or even top 100 richest people. The best features of this list in particular is how you can sort by so many different attributes to conduct your research.
You can sort by age, gender, industry/source of income, country, rank, and even the alphabetical order that they come in. Antti Aarnio-Wihuri sits atop the A-Z billionaires list with a modest $1.5 billion. Of course, near the bottom we have Mr. Zuckerberg with his $64 billion.
Additionally, there is a search bar where you can search for billionaires by name, source, or location.
Utilizing The List
Now that you’ve become familiar with how the different features of the list work, it is time to put it to use. Our first recommendation is to start sorting by the source/industry that the billionaires fall under. By doing this, you will be able to get a better understanding of who the most successful individuals are in a particular field.
For example, if we filter the list by the technology industry attribute, we will only see billionaires who have acquired their wealth through technology. Atop this list you will find Jeff Bezos, Bill Gates, and others. To further filter the list, we can sort by another attribute (like age for example). Sorted by the youngest billionaires in the technology industry, we get Alexandr Wang at the top of the list with $1 billion dollars from developing artificial intelligence.
There are so many ways to customize the results of this list to truly analyze the world’s billionaires and get the information you need.