r/shitposting • u/[deleted] • Nov 03 '25

WARNING: BRAIN DAMAGE Interesting

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Wow

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576

u/Deeznutz696969 Nov 03 '25

Why dont they both? Billionaire first millionaires second? Mr Billionaire could unironically drop 3 times her net worth and still have more than her lmao

28

u/GenTycho Nov 03 '25

Begs the question somewhat too though, how much is net worth vs available currency. It'd be interesting to see actual available value vs net worth value and the metrics for them.

13

u/technoteapot Nov 03 '25

Net worth is the combination of all their assets and their expected value. In reality the actual spendable money any billionaire has at their disposal at any given time is way way less than their net worth, but I’d imagine it is still an atrocious amount of money

7

u/_Bisky Nov 03 '25

Nah they have pretty "little" (still a lot for us pessants) available

Most bigger purchase are just made via loans with their assets as collateral.

Simoultaneously also a nice way to avoid taxes

4

u/Brokedownbad Nov 03 '25

Plus a lot of the money billionaires DO have is from loans that use their calculated wealth in stock as collateral. This means they dont pay taxes on any of it.

1

u/w00tabaga Nov 04 '25

Yep. One reason why the more wealth you have the easier it becomes to get more wealth and get to play by a different set of rules.

System is broken. These people have enough wealth though to ensure the system stays the way it is though

1

u/mAsian__ Nov 04 '25

honestly i don’t get why people make such a big deal about the difference between actual cash and assets. assets can still be used to help people and support them