Do you think he can ask the bank to prepare all the money for him just to see and touch it then put it back?
I mean all billionaires actually don't see all their money in real stuff, do you agree?
2007-04-11 01:41:56 · 11 answers · asked by † Iríšh † 7 in Entertainment & Music ➔ Polls & Surveys
no, they don't have that much cash in the federal reserve system
2007-04-11 01:46:09 · answer #1 · answered by Uncle B2 7 · 1⤊ 0⤋
99% of all money is just data on a computer. for example, I can see that I have $150,000 in my 401K when I get a statement or login in to my account. But I can't withdraw it until I'm 59. I never carry more than 20 dollars in Cash. I charge my bills with a credit card and pay them at the end of the month with a bank transfer.
Of course he can't see all of his money at once
2007-04-11 08:54:12 · answer #2 · answered by big one 3 · 0⤊ 0⤋
no i would be surprised if he has ever had more then 50,000 dollars cash with him at any one time.
no they dont see the money all stacked up . he would loose a ton of money just doing that . this is because he would have to sell stocks and cash in bonds and all sorts of things this would make there value go down so nope he cant see the money .
2007-04-11 08:48:54 · answer #3 · answered by Anonymous · 1⤊ 0⤋
Billionaires don't have to "see and touch" the money to know it's there. Plus they have so much of it I doubt they ever even think about it.
They can see their money in action when they buy things such as houses, boats, and cars.
2007-04-11 08:46:10 · answer #4 · answered by Fashionisto Billy 4 · 0⤊ 1⤋
I think he is now legally allowed to print his own money since he's worth more than about 50 countries in the world. He probably rolls around in it on his giant solid gold bed while half-naked vixens fan him with bald eagle feathers.
2007-04-11 08:47:38 · answer #5 · answered by jamsie 4 · 1⤊ 0⤋
He is not really obsessed with money like the less fortunate are. He got his money doing something he was passionate about. He probably don't even realize how rich he is.
2007-04-11 08:47:24 · answer #6 · answered by Monte T 6 · 0⤊ 0⤋
Doubtful, a lot of his money is in microsoft. I'd be curious to see his current cash value. ie the amount without selling ANY assets.
2007-04-11 08:45:47 · answer #7 · answered by CrazyFarmer 5 · 0⤊ 0⤋
Nope
2007-04-11 08:45:18 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Quote from Bill Gates in reference to money, "What, me worry?"
2007-04-11 08:49:25 · answer #9 · answered by RudeKarma 3 · 0⤊ 0⤋
Most of their money is just on paper.
2007-04-11 14:35:13 · answer #10 · answered by Anonymous · 0⤊ 0⤋