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Why Billionaires Can Have Little Cash: The WeCrashed WeWork Example
Explains why Adam Neumann had only ~$43,000 in cash despite huge net worth, and how assets, equity and leverage create access to credit. #billionaire #wealth #WeCrashed WORLD OF CEOs(@worldofceo.s). original sound - WORLD OF CEOs. In WeCrashed, Adam Neumann goes looking for a massive credit line while WeWork is rapidly expanding. What makes the ...
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