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But we saved everything 🙂.
Ian Bremmer: Elon Musk’s $1 trillion net worth is not liquid assets
Ian Bremmer highlights that Elon Musk being worth $1 trillion does not mean he has $1 trillion in cash or liquid assets available in the bank.
He points out that many who advocate for a 5% annual wealth tax seem to misunderstand the distinction between net worth and accessible funds.
Bremmer has previously covered developments in digital assets and financial infrastructure. He reported on Iran’s launch of the Hormuz Safe Insurance Platform with crypto payments. That initiative included participation from multiple countries but was viewed as unlikely to satisfy U.S. demands.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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