When you realize that that 1% of Bezos wealth that’s liquid cash is still over 1 billion dollars

@Souljainbattle

3 жыл бұрын

1.8

@jotarokujo4250

3 жыл бұрын

1.8 billion bruh

@danielgarcia-zw9ut

3 жыл бұрын

@@whatspp6755 seems legit

@LUIGIBREESH

3 жыл бұрын

@@jotarokujo4250 nigga why would you even want all that cash 🤣

@bldmafi3760

3 жыл бұрын

And 5% is still over $ 5 billion

Never work for the money, Let the money work for you!

@SuperiorPresa-mv6xr

8 ай бұрын

A bro I breed killers check my dogs out @SuperiorPresa

Life is like an " icecream" enjoy it, before it melts

@jessefernando1874

3 жыл бұрын

Yex

@brettrobinson2901

3 жыл бұрын

Too late ...it's already a warm covidy puddle.

@admiralbeluga6438

3 жыл бұрын

ANTARTICA ICE CREAM:IT IS I JOJO

@Hi-xu9xn

3 жыл бұрын

Repent of your sins and follow Jesus Christ Almighty

@vimalcurio

3 жыл бұрын

Such a foolish thinking to apply in wealth creation

Every day of my life I always regretted my reason for selling my bitcoins 8yrs ago. See how much its worth now.

@joedice7136

3 жыл бұрын

You have to be calm dude. No one ever knew it would get this high.

@samueljackson7380

3 жыл бұрын

Yeah. True you have a point.

@jeremycobie2577

3 жыл бұрын

Crypto is the future, trading crypto has become a lucrative way of making money

@samueljackson7380

3 жыл бұрын

Do you trade by yourself?

@maintenanceguy2187

3 жыл бұрын

If I had known would have exchanged my wife for some bitcoins.

So Jeff has around $9 billion in cash? Damn

@some.generic.username5254

3 жыл бұрын

Also the fact that the narrator said "only"

@gilgamesh310

2 жыл бұрын

I’m still confused about where he actually keeps that. Banks will only accept up to 250,000 before they can’t insure it anymore.

@DiegoMartinez-ou5wn

2 жыл бұрын

@@gilgamesh310 I'm sure they make exceptions for wealthy clients and also depends on the bank. Mayweather said he kept 100,000,000 in a single bank account at one point.

@The_Protagonist_

2 жыл бұрын

9 billion???? How? Amazon never paid a single $ as dividend.

@gilgamesh310

2 жыл бұрын

@@The_Protagonist_ Capital gains. He's been selling shares for the last 20 years or so now. I think he went from owning 40% of the company to now owning 10% of it.

While the average drug dealer has 99% in liquid cash. Thats the way the world works

@cutegirlgaming1640

2 жыл бұрын

Ur profile picture is cool,ayanokoji

@menaseven9093

2 жыл бұрын

Drug dealers are more powerful than CEOs because they have a liquid fortune.

@larryc1616

2 жыл бұрын

now they diversify into legit businesess and real estate.

@trollinape2697

2 жыл бұрын

@@larryc1616 money laundering

@trollinape2697

2 жыл бұрын

@@larryc1616 money laundering

I thought of this recently in depth. This is what wealth tax doesn't work but average people doesn't understand it

@YusuphYT

3 жыл бұрын

Among other reasons. The public are under the illusion Jeff Bezos has 100 billion in his bank. It’s hilarious, ignorance has gone to far this time.

@YusuphYT

3 жыл бұрын

Even worse reason is the fact if it worked the way they hoped, businessmen would slowly go extinct lmao, then socialism comes into play. Britain is a good example, although we have a lot of capitalism in major cities we have a lot more socialism, free money, housing everywhere else because of how bad it has gotten here.

@jharris947

2 жыл бұрын

@@whatspp6755 Do shut up!😫

@hadi8699

2 жыл бұрын

@@YusuphYT as a brit, we ain't socialist.

That's still like 15 million in 💵. I'll take that any day if they are complaining about it

@MajharulAsif

3 жыл бұрын

Liquid Cash

@Hi-xu9xn

3 жыл бұрын

Repent of your sins and follow Jesus Christ Almighty

@AndyKingCool

3 жыл бұрын

@@Hi-xu9xn shut up

@ejigthompson4645

2 жыл бұрын

Lord almighty lol

It makes sense for wealthy individuals to not have much cash available, considering that cash(currency) is worthless. It makes a lot of sense to instead have assets AKA properties and have your money tied into accounts making you even more money, with only a fraction set aside for spending. That’s how the wealthy get wealthy, stay wealthy and become wealthier.

@anthonytakouam2392

2 жыл бұрын

Dividends

Thanks the richest, I learnt alot bro...

I remember watching this channel back in 2014-2016 it’s been so long. Glad you guys kept at it.

Most people venture into crypto to be a millionaire, meanwhile, I just want to be debt free

@danielmedina4953

2 жыл бұрын

That's very practical and smart goal, a wise man once said do everything you can to get outta debt, one of his tips to getting rich

@henrynoble7011

2 жыл бұрын

Just do the right thing, by trading with an expert, I trust me you will be a millionaire and debt free

@dannysamuel4056

2 жыл бұрын

You don't make money on forex or crypto by holding your coins rather you trade to make gain.

@josephfrys6969

2 жыл бұрын

Assets that can make you wealthy Gold Crypto Stock Real estate

@samuelroyal3818

2 жыл бұрын

@@dannysamuel4056 When you invest in crypto you are buying a day you don't need to work.

I keep like .5% in cash. I invest everything I dont need for bills, food and other necessities.

@THEBIGGESTSCUMBAG

3 жыл бұрын

BEST WAY

@rickytorres9089

3 жыл бұрын

What should if you car blows and you need an new engine/car tomorrow? What if your hot water tank blows up, floods the floor and you need it for your shower tonight? etc etc etc. Worst idea ever. Saving accounts might be gone with the doggo as they says for investments but you still should have 6 to 12 months lined up in there for instances like these. Your insurances isn't going to cover everything and even if they do you'll be waiting weeks at best.

@TheW89

3 жыл бұрын

@@rickytorres9089 I buy a new car. Current car is worth 3k. Can afford another one easy. If anything happens to my appartment, the Housing limited company, which most apartments are in here, pays for it or the insurance pays for it. Best idea ever, as you can see, you can't even come up with anything that would hinder my financial state. Having money in the bank ready wouldnt make the wait time any quicker.

@TheW89

3 жыл бұрын

@beswick1111 Dont invest in indexes. There's plenty of stocks to invest in if you care to look. Time in the market beats timing the market.

@TheW89

3 жыл бұрын

@beswick1111 I don't expect markets to drop more than 30%. Market has become way more efficient with the broader availibility of knowledge. Drops will come, but they will also be recovered faster. As an dividend investor, my income will keep going up with drops or not.

The long term are doing well while the short term trade requires precision in its execution but gosh, they do amazing when you're on the right side

@dr.vivekbindra5906

3 жыл бұрын

Even with the covid-19, i made my profit during the covid-19 pandemic investing with expert Bambi Alex I'm now on my way to financial freedom

@ishansharma1733

3 жыл бұрын

I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Bambi

@lydiapaige6415

3 жыл бұрын

Has been handling my account for years now

@brianjung6795

3 жыл бұрын

She is obviously the best, I invested $3000 and she made profit of $28,000 for me just in 15days

@isabledarcey8220

3 жыл бұрын

Seeking for her contact details 👇👇👇

5% of Bezos' net worth is still $9 billion. Imagine having $9 billion to spend.

Amazing Video !

I love how he says "the average billionare" like its nothing .

@peterolejar

3 жыл бұрын

Because it’s nothing

@adrianaron9639

3 жыл бұрын

@@peterolejar oh i guess ur a billionare than ? as u can say its nothing lol

I wished I ONLY had $10 billion in my bank account.

@masochistboy653

3 жыл бұрын

That's why you have none

@ofanelwa

3 жыл бұрын

Dont wish for it Work for it

@cashtalks6253

3 жыл бұрын

@@masochistboy653 I have a whole 5k in the bank and my home is paid off. I’m well on my way lol.

@eyan1114

3 жыл бұрын

I wish......... u wil get it

The rich stay rich by spending less and Investing more while the poor stay poor by spending more but with no investment

@collinsjames296

3 жыл бұрын

Yeah, stocks are good but i mostly invest in crypto currency crypto currency is the future

@admiralbeluga6438

3 жыл бұрын

you cant invest if your money is enough to feed you 2 times a say

@rickytorres9089

3 жыл бұрын

Easier said than done obviously, SSI benefits limits me to handling 2 grands at a time, that's not nearly enough to even sustains me for months left alone for a "emergency" saving account. Therefore investments of it won't be seeing it any time soon except if it for my business I am trying to do. If only cost efficient developers were not so difficult to come across though.

Great video 🤝

Do one for trinidad and tobago 🇹🇹 billionaires.

@dariusharveyharvey5798

3 жыл бұрын

yessir trini family

@dezjamesjr4376

3 жыл бұрын

Trinidad all the way bro.

@akidoalleyne7983

3 жыл бұрын

Trinidad dont have that many billionaires you might get 4 or 5 for the most

@josheasy6716

3 жыл бұрын

To/tuh di bone ..

@dezjamesjr4376

3 жыл бұрын

@@akidoalleyne7983 we have 8 billionaires.

Never thought anyone would say average and billionaire in the same sentence 😂

@SuperiorPresa-mv6xr

8 ай бұрын

A bro I breed killers check my dogs out @SuperiorPresa

Bernie: We need to tax the millionaires and billionaires Bernie's Secretary: Sir, your a millionaire Bernie: We need to tax the billionaires!

I want to be a billionaire so i can have that rich doctor evil laugh🤓

@Hi-xu9xn

3 жыл бұрын

Repent of your sins and follow Jesus Christ Almighty

@nothcial

2 жыл бұрын

@@Hi-xu9xn you're not that guy pal

Thanks for the info

@codak5299

3 жыл бұрын

you’re not welcome

@DragonGod533

3 жыл бұрын

@@codak5299 Bruh 😂

Nobody who knows finance keeps wealth in cash. Cash loses value and its losing it quickly

@xrpmaxi8839

3 жыл бұрын

Mark Cuban does.

Great video 👍 Will they free up more liquidity before the next crash 🤔

Stocks and cryptocurrency isn't liquid because you have to cashout first to see the money. So if your billion dollar stock falls to nothing you can't cashout anything. 🤷🏾‍♂️

@michaelbrinks8089

Жыл бұрын

You can easily cash them out/sell to get cash so they're considered liquid assets. It's kinda like saying cash in a savings account isn't a liquid asset because the bank could be closed when u want to withdraw $30k & the ATM can only give $500.

@SuperiorPresa-mv6xr

8 ай бұрын

A bro check my dogs out @SuperiorPresa

HUGE INSPIRATIONS

And 99% are Not a billionaire

@chrisgriffin6814

3 жыл бұрын

True

@avirooptalapatra2796

3 жыл бұрын

They are billionaires

I will love to know mii ph re about bitcoin investment and how to go about it successfully

@christopherjackson4118

3 жыл бұрын

Bitcoin is the future and have also come to stay by changing our ways of data and transactions exchange, is also better to go into for investment

@jerimahiawelthy4334

3 жыл бұрын

With bitcoin been profitable you have to also be careful also note you have to seek the advice of a professional

@joryhenrika1968

3 жыл бұрын

I also trade with him as well getting to know him is a blessing in my life his trading strategy with a better signal brought me to this position of my life

@olivejess8957

3 жыл бұрын

Please guys is there a way I can reach out to him for a start?

@jonesjack893

3 жыл бұрын

With the help of Carlton I now earn btc

Figure out what 1% of a billion is, then it all makes sense.

thanks for the enlightenment

Interesting.

Doubt kills more dreams than failure ever will. Invest in crypto today not tomorrow

@darlingtonsam3614

3 жыл бұрын

Yeah, there is alot of sense in this.

@darlingtonsam3614

3 жыл бұрын

Our doubts are traitors.

@dannysamuel4056

3 жыл бұрын

@@darlingtonsam3614 It's a good thing to doubt, but hurt when you doubt the right thing

@stevewilliams760

3 жыл бұрын

@@dannysamuel4056 One thing I regret in my life is to doubt crypto. Doubt is a sickness

@billymark7125

3 жыл бұрын

@@stevewilliams760 Stock is good but crypto is better..

8:00 What's Bon Jovi doing there 😁

I love this Channel.

@SuperiorPresa-mv6xr

8 ай бұрын

A bro I breed killers check my dogs out @SuperiorPresa

I need to become a billionaire.. It would be bad if I don't

Bezos and Musk announced the creation of a new charity that will be devoted to helping billionaires who are suffering from this cruel liquidity problem.

This is a simple explanation, but its too simple. It glosses over the reality of how these people manage their money. They don't spend their own cash, as in they don't use debit on their bank accounts. While bank accounts are used to hold some cash, the vast amount of their spending is through ELOCs on their assets. They spend on credit lines from the private banking arms of major banks. These are usually extremely low interest.

thats why they judge your net worth to understand what you're worth. not your bank account amount. I'm not rich (yet) and even I know to hide my money in things

@Hi-xu9xn

3 жыл бұрын

Repent of your sins and follow Jesus Christ Almighty

@vimalcurio

3 жыл бұрын

Such as?

@swaygfx

3 жыл бұрын

@@vimalcurio anything that holds value over time

Cool

Facts this is true

yeah

This makes perfect sense. I'm surprised how few people understand this. People who don't are also the ones who think there's some constant amount of wealth in the world (like water) that the rich are keeping from them. No. While you can't create more water, you CAN create more wealth. These people are called socialists...or communists.

@tonedune3456

2 жыл бұрын

The average person does not understand this but they're not all communist or socialist

I wish i was of those stinckin rich guys

That’s insane

If you could choose between being rich in Monetary value or Character Value which would you choose ??

@mra9156

3 жыл бұрын

Speak english and then we answer!!!!

@email5023

3 жыл бұрын

The former. I'll buy the latter later.

@jellytwins1018

3 жыл бұрын

Monetary value definitely. What's the point of having character values if you have to struggle to live all the time.

@subhradeepghosh9490

3 жыл бұрын

monetary obviously

@bishaldey8631

3 жыл бұрын

Monetary for sure

One of the reasons why they keep such a small part of their net worth in cash is because of inflation and the devaluation of the dollar. While they have money in the bank, that money will be worth less everybyear, even though the number may stay the same..

no

Sure you can! Slap that shiny gold down on the cash register...and as everyone is entranced by its glowing beauty...you dash out the door with a buggy full of goods!

@Hi-xu9xn

3 жыл бұрын

Repent of your sins and follow Jesus Christ Almighty

@darkqueen8536

3 жыл бұрын

@@Hi-xu9xn fuck off🖕🏻

@rickytorres9089

3 жыл бұрын

Have fun at court and the country jail while your there! :)

i wish i was at least a millionaire

@mrpmj00

3 жыл бұрын

buy stocks

Hope people have bought some cryptocurrency and Gold for the next stage of world financial collapse

@princethomas1566

3 жыл бұрын

Cash is not a good investment, but good investment always rewards you with cash.

@brandonturk9796

3 жыл бұрын

The insurance industry is coming to realize that bitcoin is both the solution to the great financial challenges they currently face & the opportunity of a lifetime.

@johnjames3491

3 жыл бұрын

Bitcoin is nowadays is now a big change to making money

@harrywilton3390

3 жыл бұрын

BITCOIN: IS THE ONLY TRUE DEMOCRACY EVER EXISTS IN THE WORLD

@robertbrooklyn2911

3 жыл бұрын

Crypto is the future, trading crypto has become a lucrative way of making money.

Banks only insure up to 250K so it would be very risky to park their money there 🤔

@Keralasha444

2 жыл бұрын

No they ensure 100 million usually

@bioshock9998

2 жыл бұрын

Yeah, but there are some wealthy people who don’t care

@xrpmaxi8839

2 жыл бұрын

@@Keralasha444 No, they insure 250K by law here in the US. But that's per account per institution. The idea of having 1 Billion in cash is to have money on hand to spend if necessary. He has to be ok with how inflation eats at it but he probably doesn't have it all in one bank.

@2RosarioVampire

2 жыл бұрын

You buy short term US Treasury Bonds. That's what US Treasury Bonds are for. As a substitute for banks for large sums of money. Institutions treat short term US Treasuries as cash (cause you are backed by the 'full faith of the US Govt').

You did not talk about Elon Musk.

the way he said still a lot was so funny!

Liiiiike!

It is awesome to be the average millionaire

Guarantee there’s a vault of gold lying around on the moon🤫😉

“Average” and “Billionare” don’t really go together 😂

Stop saying "stocks" when theyre called "shares". A stock is a company you invest in, and a share is a piece of the company. You own shares of a company, not stocks of a company.

@Gomangoman11

2 жыл бұрын

The correct term is stock, specifically common stock. Shares is more correctly applied to ownership in mutual funds. You have stock (be that common or perfered) in a corporation; you have shares in a mutual fund. Refrain from defining terms you don't have a full understanding of.

@manwithtwoeyes6911

2 жыл бұрын

@@Gomangoman11 Not sure where you got that from but thats totally incorrect. You can say "I have stock in ______" but saying "I have 3 stocks in ______" makes no sense. A stock is a ticker. A share is a piece of a company. I know what im talking about

Liquid Cash

King 👑👑👑👑👑

Investing in crypto is the only big chance of making money

@amandaptucker4308

3 жыл бұрын

Absolutely i was thinking on investing in Ethereum and Bitcoin

@briayarbrough5189

3 жыл бұрын

For real crypto is profitable

@erikasuarez8290

3 жыл бұрын

I wanted to trade Crypto but got confused by the fluctuations in price

@charlenenoah7722

3 жыл бұрын

That won't bother you if you work with a professional like Expert Thompson Bruce

@ritawilson1682

3 жыл бұрын

His stories are everywhere 😱

Can you guys please do something about all the bots

1% of even just a billion is a ton of money already.

They have assets an investments that keep increasing in value

Breh

Let me get that jacket lol

I want many gold

I've a far understanding on stocks and bonds - that you buy and own at a lower price then can keep them while they pay out dividends or sell outright but not at all regarding Bitcoin .. Do you actually own anything which you can then seel later making profit ? And ehat are these crypto credit cards ?

Thank you for the update, TheRichest..!! Those billionaires must have saved the world multiple times in their past lives. 🤣

Pablo Escobar - Hold my rubber bands

Oh my ... That laugh. Haha!

Investing is buying yourself a better future you don't have to work hard again.

@leonardwonderman3854

2 жыл бұрын

You can say that again.

@leonardwonderman3854

2 жыл бұрын

I have achieved many things in my life since I started investing.

@jasmineheidi1427

2 жыл бұрын

What kind of business, or investment would you two motivational speakers suggest to your audience?😊

@andstewart9982

2 жыл бұрын

@@jasmineheidi1427 I'm into real estate investing.

@andstewart9982

2 жыл бұрын

@@jasmineheidi1427 it let people grow their net worth by amassing more and more properties. It is a good long term investment due to appreciation.

D13 aka DE" Mafia One love ' Yall My role models ''

This is why kings and drug lords are the real richest people of all time. They're the ones with real hard cash and gold on hand.

Hi

People need to be educated about the difference in net worth and actual money people have in hand.

Thanks to this video , atleast 1thosand people know what net worth means now and stands for hahaha

Please tell me something that I don't know

Ya I'll be millionaire.

No one person should have that much money

I've one pound in my wallet so1% is about right.

The wealthiest

@sowhat5597

3 жыл бұрын

*** THE WEALTHIEST "ARE NOT" MENTIONED HERE OR ANY WHERE ELSE!!🙂...💗💘💞💖💕💓🦈😋

@thewealthiest1915

3 жыл бұрын

@@sowhat5597you are correct :/ struggling for those likes out here

Your next installment should really teach the hopelessly naive who were gobsmacked by this video: “Capital gains and why your best friend is your tax attorney.”

100 billions. 1% =$1billion in cash.

Claim you’re “early gang” ticket here

@Nohandlefornow

3 жыл бұрын

Here

@gabe-so5ps

3 жыл бұрын

Here

@Rookie1706

3 жыл бұрын

Ayeeeee!!!!

1% in cash of a billion is 10 million. Even 1% cash seems to be too much.

?????

The Investing Mindset Pays you Long Term

Where do you keep the 5 billion cash always wanted to know

Their 1% is also a billion dollar in cash

That Gold analogy was pretty good, esp. seeing how much MORE wealthy one could become after 2020

@SuperiorPresa-mv6xr

8 ай бұрын

A bro I breed killers check my dogs out @SuperiorPresa

luxury items me

Since when is a jet an Asset tho?

Thought he sais stocks were liquid, yet only 1% of their net worth is liquid?

Jeff booooooo

What if you sell your shares

아마존 최고 👍 ❤