For a billionaire it's not about the absolute dollar value of their wealth.
It's about the fraction of global wealth that they control.
That's how they benefit from crisis and catastrophe.
Maybe the dollar value of their pile declines, but the percentage of global wealth they control increases, as the poor and less wealthy get hurt proportionately more.
It's about the fraction of global wealth that they control.
That's how they benefit from crisis and catastrophe.
Maybe the dollar value of their pile declines, but the percentage of global wealth they control increases, as the poor and less wealthy get hurt proportionately more.