On paper valuations and what you can actually get in cash for your assets are two different things, in this case. May want to pay closer attention.
Wealth is wealth as Mark Cuban pointed out.
Net worth is completely different than cash in the bank. In a zero interest rate environment it would have been dumb for Trump to keep his cash in a bank or money market account.
If he had stuck his inheritance in an index fund he would wound up as a real billionaire with the hedonistic lifestyle he loves.
But NOOOOOO!He fashioned himself a master of the universe instead of an entitled shit head.
Meanwhile this media company valued at $6Billion made about what? $3 million over the first 9 months of 2023 according to government filings, but the company reported $49 million in net losses over that period.
Can you say, pump and dump?
SUCKERS!