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Financial Friday: What is a Trillionaire
FF: What is a Trillionaire? What does it mean to be a trillionaire? Bernie Sanders said that no one should be one of these. Elon Musk is our first trillionaire, but he doesn't have a trillion dollars sitting in a bank account. He owns companies that together are valued at that amount. If he had to cash out to pay a large portion in taxes, what would it do to the stock market and people's retirement accounts? Today we talk about what politicians and legacy media claim, how Europeans are realizing that what they see in the U.S. doesn't match what they were being told, and how becoming educated…
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