I don't think billionaires measure their wealth by the amount of assets they can buy. If they did, they would probably lose interest in increasing their wealth after the first $1B. Afterall, what can you buy with $2B than you can't buy with $1B? No, it is all about status and keeping score. It is not enough that I $xB, I need to have more than all the other billionaries. That is why they can never have enough.
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I don't think billionaires measure their wealth by the amount of assets they can buy. If they did, they would probably lose interest in increasing their wealth after the first $1B. Afterall, what can you buy with $2B than you can't buy with $1B? No, it is all about status and keeping score. It is not enough that I $xB, I need to have more than all the other billionaries. That is why they can never have enough.
I don’t think you quite understand the full range of assets. Corporate entities are assets. Twitter was an asset that cost Elon $44 billion