2 ms·
Companies are assets and as such they are still part of his wealth. It is not like I said he sleeps on gold coins in a vault. No need to get literal.
by A4ET8a8uTh0 7y ago
Companies are assets and as such they are still part of his wealth. It is not like I said he sleeps on gold coins in a vault.
No need to get literal.
- ericd 7y agoSure, and those companies spend his money to make things happen. Hoarding implies the wealth never gets used for anything.
- pb7 7y agoMoney sitting in a vault and money invested in companies that employ people and produce value for society could not be more different.
- Loughla 7y agoNot to be too negative, but >money invested in companies does not equal >produce value for society Necessarily. Those two things CAN be the same, but aren't necessarily the same.
- pb7 7y agoNeedlessly pedantic. If companies are profitable, they provide some sort of value even if you don't think so. Much more than people sucking up welfare benefits and not giving back, at least.