Valuation effects matter significantly in estimating the
wealth of the richest people in the world:
http://www.bloomberg.com/news/articles/2016-01-08/world-s-richest-lose-194-billion-in-first-trading-week-of-2016
http://www.bloomberg.com/news/articles/2016-01-08/world-s-richest-lose-194-billion-in-first-trading-week-of-2016