On: Billionaires at Trump's Swearing-In Have Since Lost $209B (alt link in comments)

[tombert]

I mean, for the most part does this actually matter? I think most of their wealth is in the form of stock in their respective companies isn't it? You only "lose" money with stock if you materialize it by selling at a loss.

They've done a good job bribing their way into presidential circles, the stock prices will probably bounce back.

[EdwardDiego → tombert]

Well, they fund their lifestyles by borrowing against their immense paper wealth. At this rate, they might have to live within their means and buy one less island!

[croes → tombert]

Their credits for buying Twitter and such are backed by their stocks.

If they lose value the banks get nervous.