2024-12-14 05:04
Amazing how many of you guys don’t understand basic finance/economics and then post something about billionaires lmfao.
If they say someone is worth 300,000,000 that means their stake in the company, all their properties, all their cash, and all other assets combined is worth 300m not that they just have $300m
I knew someone who was the ceo of a company that was worth $300,000,000. They didn’t have 300m cash, they actually only made between 1-5m annually.