this post was submitted on 26 Jul 2023
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459
Billionaire rule (sh.itjust.works)
submitted 1 year ago by wildbus8979@sh.itjust.works to c/196@lemmy.blahaj.zone
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[–] Luckybuck@ttrpg.network 12 points 1 year ago

Although it's not liquid cash, you can borrow and use those valuations as collateral. So while their actual wealth isn't what their net worth is, it's only a fraction of a percentage less when it's used.