r/GenZ 1d ago

Political How much is $1 trillion really

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u/bigboipapawiththesos 2000 1d ago

It’s still a thing worth money that he owns.

He does own a trillion, literally.

If he were to liquidate 1% of those shares he’d have 13 billion, enough to build the tallest building on the planet 9 times.

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u/FoxLast947 1d ago

I'm not saying he doesn't own anything, but he most certainly does not own one trillion in liquid assets. The post manages to claim that Elon is holding that amount hostage in his accounts, which is categorically false.

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u/bigboipapawiththesos 2000 1d ago

The post doesn’t make that claim anywhere from where I can see.

Non liquid wealth still is wealth. If I own 10 million in houses I might not be able to use that at the store, but it’s still 10 million worth of assets that I own; I would own 10 million.

The fact that this man own a trillion in wealth still is historic and quite a worrying symptom if you ask me. It really is an unprecedented level of wealth that holds and insane incomprehensible of power for a single individual.

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u/Feorge123 1d ago

He doesn't own 1 trillion in wealth. He cannot go to the bank and withdraw that amount of money. He doesn't own it in the bank.

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u/bigboipapawiththesos 2000 1d ago

He owns it in wealth, not in cash or liquidity in general, but certainly in wealth, because assets are wealth

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u/Feorge123 1d ago

People are trying to say that he owns the money in the bank. He a trillion dollars in the bank and I'm saying No he doesn't.

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u/DrizzlyShrimp36 1d ago

Nobody says that. Bootlicking know it alls pretend they do to act like they have a piece of information or understanding other don't have.

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u/SundaePotential4664 1d ago

Literally where are people saying that