jeffw@lemmy.worldM to News@lemmy.world · 5 months agoUS Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaultruthout.orgexternal-linkmessage-square132fedilinkarrow-up1832arrow-down113cross-posted to: news@lemmy.world
arrow-up1819arrow-down1external-linkUS Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaultruthout.orgjeffw@lemmy.worldM to News@lemmy.world · 5 months agomessage-square132fedilinkcross-posted to: news@lemmy.world
minus-squarejeffw@lemmy.worldOPMlinkfedilinkarrow-up4arrow-down14·5 months agoWealth is not cash or cash equivalents though. They aren’t investing all of their wealth
minus-squareFlowVoid@lemmy.worldlinkfedilinkEnglisharrow-up12arrow-down4·5 months agoMost of the wealth of billionaires is invested, often in the same vehicles used by everyone else (stocks, real estate, etc).
Wealth is not cash or cash equivalents though. They aren’t investing all of their wealth
Most of the wealth of billionaires is invested, often in the same vehicles used by everyone else (stocks, real estate, etc).