how are wealthy people’s net worths calculated and how is that money stored?

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Presumably there’s no bank account with x-million or billion $ in it. How is that fortune stored? E.g. if Forbes declares a celebrity is worth $100million how does Forbes know that? And how does that celebrity’s finances work? I know some will be tied up in property, investments, companies, etc. What about disposable income?

In: Economics

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Anonymous 0 Comments

explained: billionaires, & explained: the stock market on Netflix are good intro videos for this topic

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