{
  "version": "0.2",
  "snapshot": "2026-07-14T10:20:00-07:00",
  "snapshotLabel": "July 14, 2026 · 10:20 a.m. PT",
  "methodologyVersion": "company-claim-v1",
  "license": "CC BY 4.0",
  "candidates": [
    {
      "company": "Oracle",
      "builders": "Larry Ellison, Bob Miner & Ed Oates"
    },
    {
      "company": "Walmart",
      "builders": "Sam Walton, Bud Walton & the Walton family"
    },
    {
      "company": "Tencent",
      "builders": "Pony Ma, Zhang Zhidong and cofounders"
    },
    {
      "company": "LVMH",
      "builders": "Bernard Arnault and the LVMH leadership group"
    },
    {
      "company": "Netflix",
      "builders": "Reed Hastings, Marc Randolph & Ted Sarandos"
    },
    {
      "company": "Salesforce",
      "builders": "Marc Benioff and cofounders"
    },
    {
      "company": "Costco",
      "builders": "Jim Sinegal, Jeffrey Brotman & successors"
    },
    {
      "company": "Samsung",
      "builders": "The Lee family and operating leadership"
    },
    {
      "company": "Spotify",
      "builders": "Daniel Ek & Martin Lorentzon"
    },
    {
      "company": "Airbnb",
      "builders": "Brian Chesky, Joe Gebbia & Nathan Blecharczyk"
    },
    {
      "company": "Uber",
      "builders": "Garrett Camp, Travis Kalanick & Dara Khosrowshahi"
    },
    {
      "company": "AMD",
      "builders": "Jerry Sanders, Lisa Su and the AMD leadership group"
    },
    {
      "company": "Palantir",
      "builders": "Alex Karp, Peter Thiel and cofounders"
    },
    {
      "company": "Stripe",
      "builders": "Patrick Collison & John Collison"
    },
    {
      "company": "Alibaba",
      "builders": "Jack Ma, Joseph Tsai and cofounders"
    }
  ],
  "claims": [
    {
      "rank": 1,
      "slug": "jensen-huang-nvidia",
      "builders": [
        "Jensen Huang"
      ],
      "displayBuilders": "Jensen Huang",
      "companies": [
        "NVIDIA"
      ],
      "tickers": [
        "NVDA"
      ],
      "industry": "Technology",
      "country": "United States",
      "builderType": "Active founder",
      "total": 5144.794,
      "retained": 183.724,
      "external": 4961.07,
      "confidence": "High",
      "note": "870.6M disclosed shares",
      "summary": "Huang co-founded NVIDIA and remains its chief executive. This claim subtracts his disclosed NVIDIA equity from the company's snapshot equity value.",
      "attribution": "NVIDIA is counted once and credited to Huang as the active cofounder-operator represented in this version of the index.",
      "confidenceReason": "Recent beneficial-ownership disclosure supplies a specific share count. The remaining movement is primarily the market-price snapshot.",
      "calculationNote": "870.604104 million disclosed shares multiplied by 211.03 USD.",
      "milestones": [
        {
          "year": "1993",
          "label": "NVIDIA founded"
        },
        {
          "year": "1999",
          "label": "NVIDIA goes public"
        },
        {
          "year": "2006",
          "label": "CUDA platform introduced"
        },
        {
          "year": "2026",
          "label": "Index snapshot"
        }
      ],
      "sources": [
        {
          "label": "NVIDIA 2026 proxy",
          "url": "https://www.sec.gov/Archives/edgar/data/1045810/000104581026000036/nvda-20260512.htm",
          "detail": "Beneficial ownership and share count"
        }
      ]
    },
    {
      "rank": 2,
      "slug": "apple-builder-group",
      "builders": [
        "Steve Jobs",
        "Steve Wozniak",
        "Tim Cook"
      ],
      "displayBuilders": "Steve Jobs, Steve Wozniak & Tim Cook",
      "companies": [
        "Apple"
      ],
      "tickers": [
        "AAPL"
      ],
      "industry": "Technology",
      "country": "United States",
      "builderType": "Founder + operator group",
      "total": 4635.852,
      "retained": 16.6,
      "external": 4619.252,
      "confidence": "Low",
      "note": "Founder-estate and operator estimate",
      "summary": "Apple's present value spans founding, revival, and operator eras. This claim groups those eras so the company appears only once in the index.",
      "attribution": "Jobs and Wozniak represent the founding era; Cook represents the operating era that carried Apple from the Jobs transition to the snapshot.",
      "confidenceReason": "The grouping is deliberately conservative about double counting, but the combined retained-equity estimate still needs a complete estate and executive award audit.",
      "calculationNote": "Founder-estate and current operator equity estimate; requires a filing-by-filing cap-table audit.",
      "milestones": [
        {
          "year": "1976",
          "label": "Apple founded"
        },
        {
          "year": "1997",
          "label": "Jobs returns to Apple"
        },
        {
          "year": "2011",
          "label": "Cook becomes CEO"
        },
        {
          "year": "2026",
          "label": "Index snapshot"
        }
      ],
      "sources": [
        {
          "label": "Apple SEC filings",
          "url": "https://www.sec.gov/edgar/browse/?CIK=0000320193&owner=exclude",
          "detail": "Company filings and executive ownership disclosures"
        }
      ]
    },
    {
      "rank": 3,
      "slug": "page-brin-alphabet",
      "builders": [
        "Larry Page",
        "Sergey Brin"
      ],
      "displayBuilders": "Larry Page & Sergey Brin",
      "companies": [
        "Alphabet"
      ],
      "tickers": [
        "GOOG",
        "GOOGL"
      ],
      "industry": "Technology",
      "country": "United States",
      "builderType": "Founder group",
      "total": 4330.985,
      "retained": 527,
      "external": 3803.985,
      "confidence": "Medium",
      "note": "Aggregated across share classes",
      "summary": "Alphabet is treated as one company claim shared by its two founders, preventing the same company value from appearing twice in the total.",
      "attribution": "Page and Brin share one claim. Their voting and non-voting holdings are aggregated before subtraction.",
      "confidenceReason": "Recent proxy data is available, but a fully reconciled share-class audit is still required for a high-confidence retained value.",
      "calculationNote": "Estimate aggregates voting and non-voting founder holdings across Alphabet share classes.",
      "milestones": [
        {
          "year": "1998",
          "label": "Google incorporated"
        },
        {
          "year": "2004",
          "label": "Google goes public"
        },
        {
          "year": "2015",
          "label": "Alphabet structure created"
        },
        {
          "year": "2026",
          "label": "Index snapshot"
        }
      ],
      "sources": [
        {
          "label": "Alphabet 2026 proxy",
          "url": "https://www.sec.gov/Archives/edgar/data/1652044/000130817926000342/goog-20260424.htm",
          "detail": "Founder ownership across share classes"
        }
      ]
    },
    {
      "rank": 4,
      "slug": "gates-nadella-microsoft",
      "builders": [
        "Bill Gates",
        "Satya Nadella"
      ],
      "displayBuilders": "Bill Gates & Satya Nadella",
      "companies": [
        "Microsoft"
      ],
      "tickers": [
        "MSFT"
      ],
      "industry": "Technology",
      "country": "United States",
      "builderType": "Founder + operator group",
      "total": 2877.641,
      "retained": 28,
      "external": 2849.641,
      "confidence": "Low",
      "note": "Founder and operator estimate",
      "summary": "Microsoft's company claim joins its founding and modern operating eras rather than assigning the full current value separately to multiple people.",
      "attribution": "Gates represents the founding and platform era; Nadella represents the cloud and current operating era.",
      "confidenceReason": "The no-double-counting structure is clear, but the combined current company-equity estimate requires a deeper holdings and awards audit.",
      "calculationNote": "Current founder and operator Microsoft-equity estimate; requires a filing-by-filing cap-table audit.",
      "milestones": [
        {
          "year": "1975",
          "label": "Microsoft founded"
        },
        {
          "year": "1986",
          "label": "Microsoft goes public"
        },
        {
          "year": "2014",
          "label": "Nadella becomes CEO"
        },
        {
          "year": "2026",
          "label": "Index snapshot"
        }
      ],
      "sources": [
        {
          "label": "Microsoft SEC filings",
          "url": "https://www.sec.gov/edgar/browse/?CIK=0000789019&owner=exclude",
          "detail": "Company filings and executive ownership disclosures"
        }
      ]
    },
    {
      "rank": 5,
      "slug": "jeff-bezos-amazon",
      "builders": [
        "Jeff Bezos"
      ],
      "displayBuilders": "Jeff Bezos",
      "companies": [
        "Amazon"
      ],
      "tickers": [
        "AMZN"
      ],
      "industry": "Technology",
      "country": "United States",
      "builderType": "Founder",
      "total": 2674.46,
      "retained": 216.713,
      "external": 2457.747,
      "confidence": "High",
      "note": "880.9M disclosed shares",
      "summary": "Bezos founded Amazon and remains a major shareholder. His disclosed Amazon shares are subtracted from the company's snapshot equity value.",
      "attribution": "Amazon is counted once and credited to Bezos in this version. Later operators are not given separate overlapping claims.",
      "confidenceReason": "A recent Form 4 supplies a specific post-transaction share count, making retained equity directly calculable at the snapshot price.",
      "calculationNote": "880.948653 million disclosed shares multiplied by 246.00 USD.",
      "milestones": [
        {
          "year": "1994",
          "label": "Amazon founded"
        },
        {
          "year": "1997",
          "label": "Amazon goes public"
        },
        {
          "year": "2006",
          "label": "AWS launches"
        },
        {
          "year": "2026",
          "label": "Index snapshot"
        }
      ],
      "sources": [
        {
          "label": "Amazon May 2026 Form 4",
          "url": "https://www.sec.gov/Archives/edgar/data/1043298/000101872426000016/xslF345X03/wk-form4_1778013416.xml",
          "detail": "Post-transaction beneficial ownership"
        }
      ]
    },
    {
      "rank": 6,
      "slug": "morris-chang-tsmc",
      "builders": [
        "Morris Chang"
      ],
      "displayBuilders": "Morris Chang",
      "companies": [
        "TSMC"
      ],
      "tickers": [
        "TSM",
        "2330.TW"
      ],
      "industry": "Technology",
      "country": "Taiwan",
      "builderType": "Founder",
      "total": 2190.25,
      "retained": 4.4,
      "external": 2185.85,
      "confidence": "Medium",
      "note": "ADR-adjusted market value",
      "summary": "Chang founded TSMC and established the dedicated foundry model. The company value is adjusted for its ordinary-share and ADR structure.",
      "attribution": "TSMC is counted once and credited to Chang as its founder. The calculation uses company equity rather than Chang's unrelated personal wealth.",
      "confidenceReason": "The company-value basis has been corrected for the ADR ratio; the founder holding remains an estimate pending a fuller local-market ownership audit.",
      "calculationNote": "ADR-adjusted market cap with a current founder-holding estimate.",
      "milestones": [
        {
          "year": "1987",
          "label": "TSMC founded"
        },
        {
          "year": "1997",
          "label": "NYSE ADR listing"
        },
        {
          "year": "2018",
          "label": "Chang retires"
        },
        {
          "year": "2026",
          "label": "Index snapshot"
        }
      ],
      "sources": [
        {
          "label": "TSMC SEC filings",
          "url": "https://www.sec.gov/edgar/browse/?CIK=0001046179&owner=exclude",
          "detail": "Depositary-share and company disclosures"
        }
      ]
    },
    {
      "rank": 7,
      "slug": "elon-musk-tesla-spacex",
      "builders": [
        "Elon Musk"
      ],
      "displayBuilders": "Elon Musk",
      "companies": [
        "Tesla",
        "SpaceX"
      ],
      "tickers": [
        "TSLA",
        "SpaceX"
      ],
      "industry": "Automotive & aerospace",
      "country": "United States",
      "builderType": "Multi-company founder",
      "total": 3219.836,
      "retained": 1116.667,
      "external": 2103.169,
      "confidence": "High",
      "note": "Two-company aggregate",
      "summary": "This is the index's only multi-company claim: Tesla and SpaceX are aggregated before Musk's disclosed equity in both is subtracted.",
      "attribution": "A person may aggregate distinct companies, but neither Tesla nor SpaceX can appear in another claim in the same index version.",
      "confidenceReason": "Recent Tesla ownership reporting and the SpaceX offering materials provide unusually specific ownership and share-count inputs.",
      "calculationNote": "Tesla and SpaceX aggregated; SpaceX includes full exercise of the IPO underwriters' option.",
      "milestones": [
        {
          "year": "2002",
          "label": "SpaceX founded"
        },
        {
          "year": "2004",
          "label": "Musk joins Tesla"
        },
        {
          "year": "2010",
          "label": "Tesla goes public"
        },
        {
          "year": "2026",
          "label": "SpaceX offering and index snapshot"
        }
      ],
      "sources": [
        {
          "label": "Tesla June 2026 ownership filing",
          "url": "https://www.sec.gov/Archives/edgar/data/1318605/000110465926075203/xslSCHEDULE_13G_X02/primary_doc.xml",
          "detail": "Tesla beneficial ownership"
        },
        {
          "label": "SpaceX 2026 prospectus",
          "url": "https://content.spacex.com/cms-assets/FINAL_Documents%20and%20Updates/SpaceX%20-%20EU%20Prospectus%20%28Approved%20by%20Bafin%29%20-%20June%205%2C%202026.pdf",
          "detail": "Post-offering share count and ownership"
        }
      ]
    },
    {
      "rank": 8,
      "slug": "samueli-tan-broadcom",
      "builders": [
        "Henry Samueli",
        "Hock Tan"
      ],
      "displayBuilders": "Henry Samueli & Hock Tan",
      "companies": [
        "Broadcom"
      ],
      "tickers": [
        "AVGO"
      ],
      "industry": "Technology",
      "country": "United States",
      "builderType": "Founder + operator group",
      "total": 1850,
      "retained": 38.2,
      "external": 1811.8,
      "confidence": "Medium",
      "note": "Beneficial shares and equity awards",
      "summary": "Broadcom's claim spans the original company-building era and the later acquisition-led operating era under the present corporate identity.",
      "attribution": "Samueli represents the original Broadcom founder era; Tan represents the operator era that assembled the current company.",
      "confidenceReason": "The proxy provides direct ownership inputs, but the combined treatment of beneficial shares and outstanding awards warrants additional reconciliation.",
      "calculationNote": "Split-adjusted company value; includes Samueli beneficial shares and Tan equity awards.",
      "milestones": [
        {
          "year": "1991",
          "label": "Original Broadcom founded"
        },
        {
          "year": "2006",
          "label": "Tan becomes Avago CEO"
        },
        {
          "year": "2016",
          "label": "Avago acquisition creates current Broadcom"
        },
        {
          "year": "2026",
          "label": "Index snapshot"
        }
      ],
      "sources": [
        {
          "label": "Broadcom 2026 proxy",
          "url": "https://www.sec.gov/Archives/edgar/data/1730168/000119312526085691/d49254ddef14a.htm",
          "detail": "Beneficial ownership and equity awards"
        }
      ]
    },
    {
      "rank": 9,
      "slug": "mark-zuckerberg-meta",
      "builders": [
        "Mark Zuckerberg"
      ],
      "displayBuilders": "Mark Zuckerberg",
      "companies": [
        "Meta"
      ],
      "tickers": [
        "META"
      ],
      "industry": "Technology",
      "country": "United States",
      "builderType": "Active founder",
      "total": 1695.778,
      "retained": 226.529,
      "external": 1469.249,
      "confidence": "High",
      "note": "342.5M disclosed shares",
      "summary": "Zuckerberg founded Meta and remains its controlling chief executive. His disclosed Class A and B shares are aggregated before subtraction.",
      "attribution": "Meta appears once and is credited to Zuckerberg in this version; other cofounders are not assigned overlapping company claims.",
      "confidenceReason": "The latest proxy gives a specific aggregate share count across Meta's classes, allowing a direct retained-equity calculation.",
      "calculationNote": "342.463325 million disclosed Class A and B shares multiplied by 661.47 USD.",
      "milestones": [
        {
          "year": "2004",
          "label": "Facebook founded"
        },
        {
          "year": "2012",
          "label": "Facebook goes public"
        },
        {
          "year": "2021",
          "label": "Company renamed Meta"
        },
        {
          "year": "2026",
          "label": "Index snapshot"
        }
      ],
      "sources": [
        {
          "label": "Meta 2026 proxy",
          "url": "https://www.sec.gov/Archives/edgar/data/1326801/000162828026025532/meta-20260416.htm",
          "detail": "Class A and B beneficial ownership"
        }
      ]
    },
    {
      "rank": 10,
      "slug": "warren-buffett-berkshire",
      "builders": [
        "Warren Buffett"
      ],
      "displayBuilders": "Warren Buffett",
      "companies": [
        "Berkshire Hathaway"
      ],
      "tickers": [
        "BRK.A",
        "BRK.B"
      ],
      "industry": "Finance",
      "country": "United States",
      "builderType": "Owner-operator",
      "total": 1071,
      "retained": 139.802,
      "external": 931.198,
      "confidence": "High",
      "note": "Class A-equivalent holdings",
      "summary": "Buffett transformed Berkshire into a diversified operating and investment company. Both share classes are converted to a Class A-equivalent basis.",
      "attribution": "Berkshire is counted once and credited to Buffett as the owner-operator most directly associated with its present structure.",
      "confidenceReason": "Recent company filings and the donation disclosure allow the holdings to be reconciled across share classes.",
      "calculationNote": "188,290 Class A shares plus 1,162 Class B shares after the July 14 donation, converted to Class A equivalents.",
      "milestones": [
        {
          "year": "1965",
          "label": "Buffett takes control of Berkshire"
        },
        {
          "year": "1985",
          "label": "Textile operations close"
        },
        {
          "year": "1996",
          "label": "Class B shares introduced"
        },
        {
          "year": "2026",
          "label": "Index snapshot"
        }
      ],
      "sources": [
        {
          "label": "Berkshire Q1 2026 filing",
          "url": "https://www.sec.gov/Archives/edgar/data/1067983/000119312526202243/brka-20260331.htm",
          "detail": "Share classes and company equity basis"
        }
      ]
    }
  ]
}