• undergroundoverground@lemmy.world
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    13 days ago

    100% and, more so, thats not just a billion in cash, of course. Thats a billion dollars worth of stuff that makes you money, that can be sold off for at least a billion, most likely far more.

    When people read these valuations, they often think to themselves “surely they can’t be worth that much” and they’re right. It will always be much, much more. Other than Trump, wealth valuations are always very, very conservative, due to the nature of how they do it, and thats before we get to the fact that they’re only estimating their wealth on the assets that are publicly disclosed.