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Isn’t that the case with most “high net worth individuals”? I am pretty sure it is not “entirely theoretical”.
by baxtr 6y ago
Isn’t that the case with most “high net worth individuals”? I am pretty sure it is not “entirely theoretical”.
- aliceryhl 6y agoWell, many of them sure, but not all of them. For example, Bill Gates has his wealth distributed across a wide range of investments, which means that Gates' ability to turn his wealth into cash is much much greater than Jeff's. As for the theoretical part, billionaires with all of their wealth tied up in a single company generally only have access to billionaire kind of money through loans with incredibly generous terms that they pay back by selling a bit of their stocks every year.
- skizm 6y agoThe actual number $135B (or whatever it is now) is entirely theoretical since there is no way for Jeff Bezos to actually obtain his net worth in cash.