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What Billionaires Actually Own (It's Not the Yachts)

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What Billionaires Actually Own (It's Not the Yachts)

7 просмотров · 2 нед. назад
Stacks Unfolded
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7 просмотров · 2 нед. назад
A paper towel, a field of crops, a song and an IOU. What do they have to do with billionaire wealth? More than the yachts do. We open up what the very rich actually own: private companies, farmland, warehouses, loans, music rights and sports teams. Then we answer the question that doesn't seem to add up: if it's all tied up in stuff, how do they pay for anything? Chapters 0:00 Cash, jets and a submarine 0:43 The billionaire in your kitchen 2:15 Rented dirt and boring boxes 3:16 Companies you can't buy on an app 3:56 Owning the IOU 4:44 An asset you can hum 5:30 Buying a seat in the league 6:00 So how much cash do they have? 6:57 Turning shares into spending money 7:56 What to ask about any net worth Which one would you take: the farmland, the music, the team or the boring business? Tell me in the comments. Sources Koch companies: https://www.kochinc.com/companies Georgia-Pacific consumer brands: https://www.gp.com/product-overview/c... Bill Gates on his farmland (2023 AMA): https://www.gatesnotes.com/2023-Reddi... SEC on private secondary markets: https://www.sec.gov/resources-small-b... UBS Global Family Office Report 2025: https://www.ubs.com/global/en/media/d... Taylor Swift on buying her masters: https://www.taylorswift.com/read-my-l... US Copyright Office, musical works: https://www.copyright.gov/register/pa... Steve Ballmer and the Clippers (NBA.com): https://www.nba.com/news/la-clippers-... TreasuryDirect, Treasury bills: https://www.treasurydirect.gov/market... FINRA, securities-backed lines of credit: https://www.finra.org/investors/insig... Examples marked "hypothetical" are made-up teaching examples, not anyone's real finances. This video is for education and entertainment only. It isn't financial advice. #billionaires #money #finance