Sentences with phrase «wealth by proxy»

Not exact matches

A New York Times investigation published last year found that the family had documented assets of more than $ 160 million, a conservative figure that did not include bank accounts, real estate, assets held by proxies or other wealth not reflected in publicly available records.

Indeed, according to a 2012 paper published in the journal Climate Change, «A Trend Analysis of Normalized Insured Damage from Natural Disasters» by Fabian Barthel and Eric Neumayer, «[GDP] is a relatively poor proxy for the physical wealth stock potentially destroyable by disasters.»