Re:The red warning light on Richard Branson’s space flight
by zhoujianfu on Wednesday September 01, 2021 @07:22PM
(#28386811)
Rich is how much money you own.
Power is how much money you control.
They’re not as closely linked as you think.
A managing partner of a $1B fund is more powerful than a person worth $10B on paper whose wealth is all tied up in a minority position in a company they are unable to sell the shares of.
Or consider the power of Biden vs his personal net worth.
Power is how much money you control.
They’re not as closely linked as you think.
A managing partner of a $1B fund is more powerful than a person worth $10B on paper whose wealth is all tied up in a minority position in a company they are unable to sell the shares of.
Or consider the power of Biden vs his personal net worth.