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If the US was really capitalist it would publish the wealth leaderboards for everyone to see


You can't really do that because there is no way to know how much someone is worth. What is my house worth - there is no answer until I sell it. You know what it last sold for, but you have no idea if I fixed it up since then so it is worth more; or maybe I was cooking meth and now it is a toxic waste site with negative value. A house is simple to value compared to a business. A yacht is another asset that is really hard to value.

For public stocks we can at least calculate value with computers, but for some that is a minority of value. In 1960 the DOW was used because it is only 30 stocks so you can add the values up every few minutes - the S&P 500 could only be calculated at the end of the day as by the time you got the value of the last stock the value of the first had changed.




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