Rob Arkley A Billionaire?
Everybody keeps saying that Rob Arkley's a "billionaire". Now Cap'n Buhne seems confused that Forbes magazine didn't list Arkley on their recently released list of "Richest Americans". He points out that Security National's own web site describes the company as a "multi- billion dollar business".
I suppose I might be off base here, but I've said before that, to my knowledge, Rob Arkley isn't quite yet a billionaire. I mentioned some time ago speaking with someone who knows Arkley quite well. He told me Arkley had indicated to him he wasn't a billionaire...not yet, anyway.
Of course, that was earlier this year and I don't know exactly when the conversation he had with Arkley took place so my info could be outdated.
I think the confusion exists because many people equate Rob Arkley with Security National Corp., which is a fair equation to make. That said, it would depend on how much of a stake Rob has in Security National.
Security National, being a corporation, is publicly owned, I would think. It likely has numerous shareholders. How many shares of Security National does Rob Arkley own? Just because Security National is worth billions, doesn't necessarily mean Rob is in complete control of all those assets.
It would be interesting to know just who owns the majority of Security National. I wouldn't be surprised if the Arkleys do own most of it. I wouldn't be surprised if they didn't possess assets worth over a billion dollars themselves, either.
I suppose, in the end, it depends how you crunch the numbers.