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From other comments: Vanguard's 500 index manages ~500 billion (dmoy), Gates is worth ~100 billion (kevindqc). Even so, Vanguard can't just increase their fund
by LukeShu 9y ago
From other comments: Vanguard's 500 index manages ~500 billion (dmoy), Gates is worth ~100 billion (kevindqc). Even so, Vanguard can't just increase their fund by 20% like that.
- dmoy 9y agoRight you're sorta missing the point though. Vanguard outside of the s&p 500 has another 3.5 trillion or something. They could absorb bill gates net worth.