alt Hacker NewsEven if only 5% of his NW is in cash, that'd be $50billion dollars in actual liquid cash. Even if it's 1% or less, he almost certainly has over $1bn in cash or practically liquid cash. That's already a dragon's hoard.
Even if only 5% of his NW is in cash, that'd be $50billion dollars in actual liquid cash. Even if it's 1% or less, he almost certainly has over $1bn in cash or practically liquid cash. That's already a dragon's hoard.
Only a moron would hold $50b in cash, and certainly not one who understands finance.
There are no Scrooge McDuck cash vaults.