this post was submitted on 28 Mar 2026
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No Stupid Questions

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Doesn't That level of power automatically makes someone:

Publicly known (at least in business, government, media circles) Documented online, in filings, press, contracts, etc. Recognizable to anyone

Especially if the CEO is a person of color who came from a middle class background

Wouldn't they be automatically famous?

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[–] blarghly@lemmy.world 3 points 4 days ago

No.

I mean, various people and institutions do their best to track very rich people and successful companies. So they are typically known by someone (with the obvious caveat that if these institutions don't know they exist, then, almost by definition, they are not well known, and are almost certainly doing a lot to hide their wealth and identity).

But if you aren't a regular reader of Fortune or Forbes with a penchant for remembering arbitrary names, then you are unlikely to know all billionaires or fortune 500 companies off the top of your head.

Yes, if they go to a public gala event, they might get their photo taken. A photog would be doing a bad job if they missed a shot of a billionaire showing up at an event they were shooting. But that doesn't mean that if they just wander into a Wendy's that everyone in the store would know who they are.

Similarly, I haven't reviewed the fortune 500 list recently, but I would be completely unsurprised if large chunks of it were made up of multinational conglomerates which own the brands you know but which you've never heard of, financial firms that make money by investing in other firms, and companies that make a lot of money doing things that are incredibly boring to the average person.

Especially if the CEO is a person of color who came from a middle class background

What? I mean, I don't know who you are talking about.