4 ms·
I agree with this. There's no way Musk or Bezos could liquidate all their shares and retain that value. Best way to be worth $1m. Create a company with an idea
by martin-adams 6y ago
I agree with this. There's no way Musk or Bezos could liquidate all their shares and retain that value.
Best way to be worth $1m. Create a company with an idea, find an investor and sell 1% for $10,000 and on paper you're worth $990,000. That money doesn't exist, just the $10,000.
- emteycz 6y agoThat's just a step away from making a bank believe the valuation and borrow you, which is how the billionaires do it.