Nemeski@lemm.ee to Technology@lemmy.worldEnglish · 3 months agoJensen Huang is now worth more than Intel — personal net worth currently valued at $109B vs. Intel's $96B market capwww.tomshardware.comexternal-linkmessage-square21fedilinkarrow-up1139arrow-down19
arrow-up1130arrow-down1external-linkJensen Huang is now worth more than Intel — personal net worth currently valued at $109B vs. Intel's $96B market capwww.tomshardware.comNemeski@lemm.ee to Technology@lemmy.worldEnglish · 3 months agomessage-square21fedilink
minus-squareGerudo@lemm.eelinkfedilinkEnglisharrow-up9·3 months agoThe thing that bothers me when people say “oh its unrealized gains, it’s not real money” is that they use those unrealized gains as collateral for loans of real money. They effectively ARE that rich.
minus-squarecelsiustimeline@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·3 months agoSo how do they pay the loans back if the liquidity isn’t there?
The thing that bothers me when people say “oh its unrealized gains, it’s not real money” is that they use those unrealized gains as collateral for loans of real money. They effectively ARE that rich.
So how do they pay the loans back if the liquidity isn’t there?