You’re basically forced to measure that as wealth. Otherwise we’re just pretending someone is poor just because they’re cash poor, yet I would argue that poor people have no real way to get 40 billion dollars to immediately lose money on a social media company.
Can we please stop calling unrealized gains holders the “richest in the world”? It’s patently untrue.
You’re basically forced to measure that as wealth. Otherwise we’re just pretending someone is poor just because they’re cash poor, yet I would argue that poor people have no real way to get 40 billion dollars to immediately lose money on a social media company.