> ...most billionaires have their billions as imaginary ownership of gigantic co...

		ForHackernews on Oct 9, 2024 \| parent \| context \| favorite \| on: Who died and left the US $7B? > ...most billionaires have their billions as imaginary ownership of gigantic corporations Exactly. The entire notion of their wealth is predicated on an elaborate system of law and governance! Otherwise, it's all just freaking numbers on a computer.