Who is the real richest man in the world?
Warren Buffett โ $149 Billion in Liquid Assets
Bill Gates โ $20 to $30 Billion in Cash Reserves
Larry Ellison โ $10 to 15 Billion in Liquidity
Jeff Bezos โ $5 to $10 Billion in Liquid Net Worth
Elon Musk โ
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Anonymous 1
Hey I am on Medialย โขย 7m
Exactly, net worth fluctuates daily based on market performance and so banks do lend out money to these guys. Pretty sure they hvae way more in liquid assets.
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Gireendra
This life exists to ...ย โขย 7m
Who is the real richest man in the world?
Warren Buffett โ $149 Billion in Liquid Assets
Bill Gates โ $20 to $30 Billion in Cash Reserves
Larry Ellison โ $10 to 15 Billion in Liquidity
Jeff Bezos โ $5 to $10 Billion in Liquid Net Worth
Elon Musk โ
Todayโs insight: Use other peopleโs money! ๐
The rich get richer by leveragingโ
Banks lend for assets like properties.
Landlords buy homes, Airbnbs cash flow.
Itโs not their moneyโitโs the bankโs!
They profit while others pay the loan.
How will you
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I completely agree with Jeff in this.
We often just look at people's net worth and think about how much money they made. But we don't consider how much money they made for others.
For eg:
1) Sequoia's $12.5 million investment in Google in 1999, and