The Gorbes Methodology

How we measure wealth creation for others, not personal accumulation.

The Philosophy

Forbes ranks people by personal net worth — how much wealth they've accumulated. Gorbes does the opposite: we rank by Distributed Value (DV) — how much wealth they've created for everyone else.

When someone builds a trillion-dollar company and owns only 10% of it, traditional lists focus on their $100B stake. We focus on the $900B held by other shareholders, employees, and investors — the wealth distributed to the world.

Core Insight: The most impactful builders aren't necessarily the wealthiest. Someone who owns 5% of a $2T company has created 20x more value for others than someone who owns 100% of a $10B company — even though they're equally wealthy.

The Core Formula

1 Calculate Distributed Value per Company

FounderHeld = EnterpriseValue × OwnershipPct
OthersHeld = EnterpriseValue - FounderHeld
AttributedDV = OthersHeld × RoleWeight

RoleWeight accounts for how much credit the person deserves for creating that value (founder vs. hired executive, current vs. past leadership).

2 Sum Across All Companies

Total DV = Σ (AttributedDV across all companies)

3 Calculate Gorbes Multiple

GorbesMultiple = Total DV ÷ Personal Net Worth

This ratio shows how much wealth someone created for others relative to what they kept. A multiple of 3.0x means they created $3 for others for every $1 they kept.

4 Calculate Gorbes Score

CappedMultiple = min(GorbesMultiple, 50)
DVComponent = DV0.85
MultipleComponent = CappedMultiple0.15
GorbesScore = DVComponent × MultipleComponent

This formula balances absolute value creation (85% weight) with relative generosity (15% weight). Someone who created $1T for others at 3x multiple ranks higher than someone who created $10B at 20x multiple.

Role Weights

Not all leaders contribute equally to a company's value creation. We assign weights based on role and tenure:

Founder-CEO (Current)
Founded and actively leading the company
1.0
Founder-Former-CEO
Founded but stepped down from CEO role
0.7
Co-founder (Never CEO)
Co-founded but never held CEO position
0.5
Hired CEO
Brought in to lead (base weight + tenure bonus)
0.3 - 1.0
Senior Executive
C-level non-CEO roles
0.2

Tenure Adjustment for Hired CEOs: Hired CEOs earn tenure bonuses based on years in role and proportion of company's life under their leadership. A CEO who leads for 15+ years can reach 1.0 weight, approaching founder-CEO credit.

Example: Elon Musk (Simplified)

Let's calculate Elon Musk's Distributed Value using Tesla and SpaceX:

🚗 Tesla

Enterprise Value: $1.4T
Ownership: 12.8%
Role Weight: 1 (Founder-CEO)
Elon's Stake: $183.0B
Others' Stake: $1.2T
Attributed DV: $1.2T

🚀 SpaceX

Enterprise Value: $400.0B
Ownership: 42%
Role Weight: 1 (Founder-CEO)
Elon's Stake: $168.0B
Others' Stake: $232.0B
Attributed DV: $232.0B

Final Rankings Calculation

Total Distributed Value: $1.5T
Personal Net Worth: $490.8B
Gorbes Multiple: 3.01x
Gorbes Score: 2.608e+10

Interpretation: Elon has created $1.5T in value held by others, which is 3.0x his personal net worth. This gives him one of the highest Distributed Values in the world.

The Gorbes Index (0-100)

The Gorbes Index is a normalized 0-100 score for display purposes. It uses a logarithmic scale to meaningfully differentiate rankings:

logMin = log(minGorbesScore)
logMax = log(maxGorbesScore)
normalizedValue = (log(score) - logMin) ÷ (logMax - logMin)
GorbesIndex = 90 + (normalizedValue × 10)

Currently, our Top 10 are scaled to 90-100, assuming they represent the top 10% of an eventual Top 100 list. As we add more people, the scale will expand down to 0.

95-100
Elite tier
Top 5 value creators globally
90-95
Top tier
Top 10 value creators globally
80-90
Exceptional tier
Top 25 (coming soon)
70-80
Outstanding tier
Top 50 (coming soon)
Data Sources & Methodology Notes

Enterprise Values

Public market cap for public companies, latest private valuation for private companies. Data sourced from Bloomberg, PitchBook, public filings, and credible news reports.

Ownership Stakes

From SEC filings (13F, 13D, DEF 14A) for public companies, news reports and company announcements for private companies. We use latest available data, typically within the last quarter.

Personal Net Worth

From Forbes Real-Time Billionaires, Bloomberg Billionaires Index, and other credible wealth tracking sources. Updated regularly.

Limitations

This methodology focuses on equity value creation. It doesn't account for:

  • Tax revenue generated
  • Jobs created and wages paid
  • Consumer surplus from products/services
  • Philanthropic giving
  • Innovation spillovers and positive externalities

Future versions may include adjusted DV metrics that factor in philanthropy and other value distribution mechanisms.

See the methodology in action

View 2025 Top 10 Rankings