• krisevol@lemmus.org
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    5 hours ago

    So no one is own to own a company? Because that is all his wealth. It’s stock shares.

        • Phantaloons@piefed.zip
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          30 minutes ago

          it’s crazy to have 1.3T dollars

          somehow =

          it’s crazy to own a business

          what a fucking idiot

        • klankin@piefed.ca
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          2 hours ago

          Genuinely asking what’s the difference?

          Like sure liquid $1T would be insane for one person to have, but a $1T company is equally as insane

          • krisevol@lemmus.org
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            1 hour ago

            A 1 trillion company trading at 350 p/e tells you everything you need to know about how liquid the market would be if he tried to sell it all

          • qaz@lemmy.world
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            2 hours ago

            It’s not as insane because there is a significant difference between liquid and illiquid assets in how these can affect the world. However, regardless of how it compares, people owning more than a billion is one more sign our global economic system is very broken (and trillion even more so).