My main gripe with this article is the equating of networth and marginal market value of assets with spendable currency. 1. Networth is not something you can e

My main gripe with this article is the equating of networth and marginal market value of assets with spendable currency. 1. Networth is not something you can easily spend in it's entirety 2. Instantaneous networth ignores the fact that liquidation would cause a sell pressure that would cause it's own decline in value. Just because 100 shares of XYZ stock most recently sold for $N , does not mean that the entire shares outstanding could be sold at that price. There is a curve of open interest, a normal daily volume, and it's unlikely you could divest of 100% of a mulitbillion dollar asset in any short order, especially not for the full market price at the start of the divestment. "Billionaires" rarely have close to that much cash available to them.