4 ms·
No. Then I'd be a millionaire.
by troels 10y ago
No. Then I'd be a millionaire.
- nicky0 10y agoIf you define as "millionaire/billionaire" as strictly the amount you hold in cash, yes. However, the commonly accepted definition includes entire net worth which would include the valuation of shares in companies owned.
- troels 10y agoThere are two differences though. One being that the equity is highly illiquid. The other (and more important) being that there is no market validation of the valuation.