• ☆ Yσɠƚԋσʂ ☆
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    91 year ago

    I’ve heard this argument before, and it’s patently false. These people clearly do have a ton of liquidity that they spend on their incredibly lavish lifestyles. You could make the argument that their valuation is inflated because financial wealth doesn’t directly translate into actual wealth, but these people own tons of physical property. For example, Gates is the biggest private owner of farmland in US.

      • ☆ Yσɠƚԋσʂ ☆
        link
        51 year ago

        Most people don’t realize just how despicable Gates is. He has one of the best PR teams out there.