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Poll > Who Is The Richest Man In The World
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Mar 29 2022 12:52pm
Quote (thesnipa @ Mar 29 2022 07:00pm)
this is the correct answer.

taking even an on the radar example of the british royal family, how do you value the crown jewels of England. and what's the likelihood they could even liquidate land holdings to access the cash.

Musk by comparison could, but wont, sell his stock. it would just devalue as he does, because the valuation is largely inflated by his cult of personality.


A quick google showed that the estimated value of the British crown jewels is between $4-6 Billion.

The lost Chinese heirloom seal of the realm could be worth a lot more than that if found and auctioned because both China and Taiwan want it.

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Mar 29 2022 12:55pm
About that stock ownership based wealth calculations... that's basically just the amount of stocks owned times the current price or is it not? If it is, how would that lead to a somehwat accurate estimate if someone owns like a quarter of an entire enterprise?
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Mar 29 2022 01:06pm
Quote (Djunior @ Mar 29 2022 01:52pm)
A quick google showed that the estimated value of the British crown jewels is between $4-6 Billion.

The lost Chinese heirloom seal of the realm could be worth a lot more than that if found and auctioned because both China and Taiwan want it.


And?
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Mar 29 2022 01:11pm
Quote (NetflixAdaptationWidow @ Mar 29 2022 09:06pm)
And?


What and?

I clearly stated that the crown jewels aren't worth that much compared to Elon and Vlad's 200B+

The heirloom seal of the realm would be priceless
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Mar 29 2022 01:21pm
the queen doesn't own the crown jewels like some asset she could sell on somebay

This post was edited by TheOnlyDenny on Mar 29 2022 01:22pm
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Mar 29 2022 01:26pm
the king of saudi arabia
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Mar 29 2022 01:34pm
I wish I had 1/10th a percent that some of these people had

Oh well guess I can dream :thumbsup:
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Mar 29 2022 01:59pm
Quote (Djunior @ Mar 29 2022 01:52pm)
A quick google showed that the estimated value of the British crown jewels is between $4-6 Billion.

The lost Chinese heirloom seal of the realm could be worth a lot more than that if found and auctioned because both China and Taiwan want it.


that wasn't my point. i'm not saying the English Crown's wealth approaches Musk's, i used them as an example that's well known of Kings and Queens holding items of historical value and lands (the crown's land holdings are estimated at $12bn) that have a lot of value. i'm sure they're not as rich as Musk, but im also sure that people like the Saudi Royal family are, and are 100% not public about the riches in historical items and lands in the same way the Queen is. who knows what old middle eastern crusade era treasures the Saudi's have locked away, or how you'd even estimate things like the oil reserve value on land that they hold under royal ownership. people call Musk the richest man because estimating his value is fairly easy.

edit: and im not sure how a 4-6$ bn value was even arrived at, given its hard if not impossible to value items of such historical value. maybe they used a combination of raw prices of the gems and gold/silver, maybe they compared them to similar items with similar gemstones. they have like a 100+ carot sapphire among many other exceedingly rare gems. it will never sell so its a bit of a moot point but anyways.

This post was edited by thesnipa on Mar 29 2022 02:04pm
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Mar 29 2022 02:13pm
Quote (thesnipa @ Mar 29 2022 09:59pm)
that wasn't my point. i'm not saying the English Crown's wealth approaches Musk's, i used them as an example that's well known of Kings and Queens holding items of historical value and lands (the crown's land holdings are estimated at $12bn) that have a lot of value. i'm sure they're not as rich as Musk, but im also sure that people like the Saudi Royal family are, and are 100% not public about the riches in historical items and lands in the same way the Queen is. who knows what old middle eastern crusade era treasures the Saudi's have locked away, or how you'd even estimate things like the oil reserve value on land that they hold under royal ownership. people call Musk the richest man because estimating his value is fairly easy.


In the case of oil I don't think the Saudi king can simply claim all of it because it's a natural resource that belongs to the country and citizens these days would revolt if the royals would simply take it.

Although it's true that the Saudi king makes sure he gets his share, he's ranked 3rd on the list of royalty by net worth (net worth $18 Billion) https://en.wikipedia.org/wiki/List_of_royalty_by_net_worth
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Mar 29 2022 02:15pm
Quote (Djunior @ Mar 29 2022 02:11pm)
What and?

I clearly stated that the crown jewels aren't worth that much compared to Elon and Vlad's 200B+

The heirloom seal of the realm would be priceless


I wasn't aware that the royals only had one item
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