TED
April 21, 2026 · 3 min read
The Problem with Billionaires — and the Debut of True Net Worth | Randall Lane | TED
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Key Takeaways
- 1As someone who has spent 35 years studying what I call "Billionarius Maximus," I've witnessed an extraordinary transformation.
- 2Our recent survey with Harris X revealed that billionaires are tied with members of Congress in public approval and barely beat TikTok influencers.
- 3The hatred stems partly from wealth disparity, but more fundamentally from billionaires forgetting that business should create happiness, not just ...
- 4This gap bothers me as someone who defends entrepreneurial capitalism.
- 5That's why today I'm debuting "True Net Worth" – a ranking that combines regular net worth with charitable donations, appreciating donated money as...
Overview
As someone who has spent 35 years studying what I call "Billionarius Maximus," I've witnessed an extraordinary transformation. When I joined Forbes in 1991, there were just 274 billionaires worldwide. Today, we track 3,428 people with net worth exceeding a billion dollars. But here's the problem: nobody likes them.
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