Tech billionaires lost $400 billion this year. Where does it go? Does anyone gain?
In: 8
No one gained it, its just “on paper”. It works as the same principle as a house. My house when I brought it was 280k, it peaked at 500k so technically on paper I gained 220k. Now it dropped to about 420k and I lost on paper 80k. No one gained the 80k I lost.
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