…so you can’t just look at a person’s wealth and say “nobody should be that rich” or that they’re “hoarding money” when the wealth you’re criticizing could not even be money to begin with but a company called SpaceX or Tesla that’s valued in the billions.
Wealth is not synonymous with money in the bank. You could be incredibly wealthy because you own a rare painting, but having that painting on your wall doesn’t pay your bills.
It’s hoarding none the less. I assume the previous commenter didn’t mean literally cash, neither did I. So yes you’re right.
Is Elon hoarding money because he owns multiple succesfull companies?
I don’t think so. Hoarding means sitting on a pile of something that you don’t use/need.
Exactly!!
…so you can’t just look at a person’s wealth and say “nobody should be that rich” or that they’re “hoarding money” when the wealth you’re criticizing could not even be money to begin with but a company called SpaceX or Tesla that’s valued in the billions.
Wealth is not synonymous with money in the bank. You could be incredibly wealthy because you own a rare painting, but having that painting on your wall doesn’t pay your bills.