Categories: OLD Media Moves

Forbes unveils real-time billionaires list

Forbes announced Monday a new digital tool that provides real-time updates on the net worth and ranking for each individual featured on the Forbes world’s billionaires list.

Bloomberg News, which competes with Forbes in covering billionaires, launched The Bloomberg Billionaires Index in January 2013 that includes the top 100 billionaires worldwide and features transparent data visualization tools that let you easily slice and dice the data. That followed the April 2012 launch by Forbes of a feature called the Real-Time Billionaire Tracker, which follows the ups and downs of some of the 50 richest people in the world.

The new Forbes tool follows more than 1,600 billionaires around the world.  The value of individuals’ public holdings will be updated every 5 minutes when respective markets are open.  Billionaires who only have holdings in private companies will have their net worth updated once a day.

“The world’s wealthiest continue to have an impact on huge swaths of the global economy,” said Luisa Kroll, wealth editor at Forbes, in a statement.  “By being able to track their movements on a daily basis, not once a year, readers will have a much better sense of where these billionaires’ influence is being felt and how their fortunes are ebbing and flowing along with the markets.”

For the launch of the new wealth tracking platform, Forbes will update the net worth of the more than 1,600 individuals who qualified for the Forbes world’s billionaires list this year.  Forbes will continue to add to that group as new billionaires are discovered.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

View Comments

Recent Posts

Changes in stock listings upset Dallas Morning News readers

Recent changes in the stock listings in the Dallas Morning News have upset some readers,…

1 day ago

Hollywood Reporter hires Maglio as TV editor

The Hollywood Reporter has hired Tony Maglio to be its television editor. He has been at IndieWire…

1 day ago

Bloomberg seeks a data visualization reporter in Washington

Bloomberg News is seeking a Data Visualization Reporter in Washington DC. You’ll display data-driven insights…

1 day ago

Law360 reporter Scharf departs for new opportunity

Law360 reporter Rachel Scharf has departed for as new opportunity. She has been covering Los Angeles…

1 day ago

Renick departs Schwab Network for new venture

Oliver Renick, founding anchor at the Schwab Network, has left for a new venture. Renick…

1 day ago

Scaggs departs FT to start The Hedge newsletter

Financial Times staff writer Alexandra Scaggs has left to start The Hedge, a newsletter to cover grocery…

1 day ago