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I mean, for the most part does this actually matter? I think most of their wealth is in the form of stock in their respective companies isn't it? You only "lose
by tombert 2y ago
I mean, for the most part does this actually matter? I think most of their wealth is in the form of stock in their respective companies isn't it? You only "lose" money with stock if you materialize it by selling at a loss.
They've done a good job bribing their way into presidential circles, the stock prices will probably bounce back.
- EdwardDiego 2y agoWell, they fund their lifestyles by borrowing against their immense paper wealth. At this rate, they might have to live within their means and buy one less island!
- croes 2y agoTheir credits for buying Twitter and such are backed by their stocks. If they lose value the banks get nervous.