The term ‘net worth’ is pointless anyway. Like you say, most of this volume is purely hypothetical anyway. It’s the amount of money he would have if he sold pretty much everything he has. Meaning someone would have to pay him that amount of money. Which would be, for instance, Bezos and Musk if they sold a lot of assets. But to whom?
I’d be more concerned with folks who lost stock value to the amount Jensen makes in a week, but actually makes their future a bit more difficult.
I’m not a financial expert by any means but isn’t networth used by the very rich to borrow money against? They might not have all that money available to them but it allows them to borrow what they want.
These numbers are entirely fictional and making a big song and dance about them is pointless.
The term ‘net worth’ is pointless anyway. Like you say, most of this volume is purely hypothetical anyway. It’s the amount of money he would have if he sold pretty much everything he has. Meaning someone would have to pay him that amount of money. Which would be, for instance, Bezos and Musk if they sold a lot of assets. But to whom?
I’d be more concerned with folks who lost stock value to the amount Jensen makes in a week, but actually makes their future a bit more difficult.
I’m not a financial expert by any means but isn’t networth used by the very rich to borrow money against? They might not have all that money available to them but it allows them to borrow what they want.