Against the backdrop of losing like $5 billion over the past 12 months.

So? What's the functional difference between $6 billion and $1 billion (which is roughly what Google says his current net worth is). Unless your net worth is $500M or more, you're closer to being homeless than ever seeing that kind of wealth.

> So?

It doesn't make sense to accuse someone of not feeling the economic impact of a downturn at all while downplaying the fact that they actually lost $5billion.

If there's no functional difference between before and after the loss, it damn well does.

classic example of moving the goalposts

I haven’t moved anything. You just didn’t know where my goalposts were to begin with.

You guys are going at it like cats and dogs.

> Tell me, how did his lifestyle change (...)

If you were serious or had devoted any thought into the issue you wouldn't even consider the silliness of framing a $5billion loss as a lifestyle issue.

In that case, how did his life change from his net worth going up 9% after layoffs? Which was the comment I replied to.

5 billion dollars.

His point, which you failed to address with your smug response, is the well-understood fact that the utility value of money falls greatly, the more money one has. The utility of 5 billion dollars is essentially zero to someone who already has a billion.

The marginal utility falls, but it's a hell of a lot more than zero.

Other than ownership of an NFL/NBA/Premier League/etc sports team, what life satisfaction or happiness improvements are unavailable to a one-billionaire?

Many people would love to own a major sports team.

He didn't make the money because it's unrealized gains, but your point still stands. The market certainly agrees that this is a good direction for the company, and if the market is correct, he will stand to benefit eventually

The phrase "net worth" claims another victim's mind.