• TranscendentalEmpire
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    1 year ago

    even the most critical standards, his net worth is about $2.5 billion and has access to just under half a billion in cash.

    I would hardly call the Forbes estimate as “the most critical standards”. They don’t have an accurate account of his debts, nor do they have an accurate accounting of his liquidity.

    No one just has half a billion dollars in liquidity laying around, liquidity loses value at the rate of inflation. Unless hes okay with losing at least 18.5 million dollars a year in depreciation, that money has long been invested into some kind of property or has been used to pay debts.