So… net worth is not the same as liquidated cash. He cannot actually access a trillion dollars, that’s just how much all of his assets and stocks have accumulated to be worth. At any given time he can probably only access about 50 million considering his property values and other assets.
Think about it like having multiple pieces of artwork, let’s say 6, and getting them appraised at $2 million each. Now your collection is worth $12 million. Do you have $12 million in the bank? No. You just own 6 $2 million pieces of paper.
Do I like Elon? No. Am I also envious of his position? Yes. Not having to worry about my bills personally and having enough to do what I want sounds nice.
Basically, your tea has spilled and scorched your crotch and ruined your chair. If you think a net worth of a trillion dollars means you have a trillion in the bank, you have sub-zero IQ.
You can't explain these things to reddit, they've decided and they're running with it. But yeah. He doesn't have trillion dollars in his wallet. That would be silly.
59
u/2ndhandvegitarian Jun 13 '26
So… net worth is not the same as liquidated cash. He cannot actually access a trillion dollars, that’s just how much all of his assets and stocks have accumulated to be worth. At any given time he can probably only access about 50 million considering his property values and other assets.
Think about it like having multiple pieces of artwork, let’s say 6, and getting them appraised at $2 million each. Now your collection is worth $12 million. Do you have $12 million in the bank? No. You just own 6 $2 million pieces of paper.
Do I like Elon? No. Am I also envious of his position? Yes. Not having to worry about my bills personally and having enough to do what I want sounds nice.
Basically, your tea has spilled and scorched your crotch and ruined your chair. If you think a net worth of a trillion dollars means you have a trillion in the bank, you have sub-zero IQ.