It’s the same with the value of company stock. It’s essentially a ponzi in a way. If a billionaire actually tired to sell all their assets quickly they wouldn’t be able to liquidate it all for the value that it’s worth on paper because the value would drop if they tried.
Sounds like a bullshit system. How can someone have this much money that is not even available in cash.
It’s the same with the value of company stock. It’s essentially a ponzi in a way. If a billionaire actually tired to sell all their assets quickly they wouldn’t be able to liquidate it all for the value that it’s worth on paper because the value would drop if they tried.