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Billionaires with most of their money in cash? I don't know of any. I do know of a lot of retired people, or people with low-wage jobs. That's who gets hurt
by RickJWagner 5y ago
Billionaires with most of their money in cash?
I don't know of any.
I do know of a lot of retired people, or people with low-wage jobs. That's who gets hurt by inflation.
edit: Warren Buffet's wealth is in stock. Berkshire Hathaway holds the cash, for opportunity investing. (Just in case that's the billionaire you're thinking of.)