I wonder what you believe a true trillionaire/billionaire/millionaire is. All money is fake, at best they are just paper, that’s the whole point of modern economy.
If you being a trillionaire (perhaps even a billionaire were’re talking about Musk) relies entirely on overinflated market valuation ans not your actual physical assets value, then you don’t have that money.
You do realize that you can become a trillionaire for a day either, don’t you? Just create a company, enter the market, emit gazillion actions and convince someone to buy it from you for a couple of bucks. Boom, all your gazillion actions are now worth that money. Try to avoid tax office at this point though.
I wonder what you believe a true trillionaire/billionaire/millionaire is. All money is fake, at best they are just paper, that’s the whole point of modern economy.
If you being a trillionaire (perhaps even a billionaire were’re talking about Musk) relies entirely on overinflated market valuation ans not your actual physical assets value, then you don’t have that money.
You do realize that you can become a trillionaire for a day either, don’t you? Just create a company, enter the market, emit gazillion actions and convince someone to buy it from you for a couple of bucks. Boom, all your gazillion actions are now worth that money. Try to avoid tax office at this point though.
Create a company with a quadrillion shares. Sell one share to a friend for $1.
edit: And when someone else says bullshit, no one else will buy a share, find someone else to buy 1 share for $1 and prove the valuation lol
Where emitting “actions” is German(?) for issuing stocks.
Yeah, sorry about those false friends