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No, it's not actually possible to liquidate that much. But it doesn't really matter. It's so much money that the exact amount doesn't really matter. It's just a
by jfengel 2y ago
No, it's not actually possible to liquidate that much. But it doesn't really matter. It's so much money that the exact amount doesn't really matter. It's just an estimate. The estimate is high, but since that "fire sale" will never actually occur, it's all just numbers.
As for what they're all hoarding it for... well, Musk at least is really good at spending money on things that make him happy. He now runs the world's most important forum and has a ton of control over who gets to say what and who gets heard. He just bought the Presidency -- by means that were arguably illegal, but since the President controls the Justice Department, it doesn't matter. He wants to own Mars, and he's spent billions to do it.
Bezos seems less good at it. He did buy a newspaper and swung it in a way that helped buy him the election, too. He's also got a rocket company, though he's not as good at it. In general he seems to be trying to just make the number go up, more than he wants to do anything with it.
Bill Gates is throwing his money at a variety of charitable causes, with mixed success. A lot of it is comparatively un-sexy stuff, like getting people vaccinated, but its relieving a lot of suffering.