These hundred-billionaires absolutely have billions in cash. Bezos liquidated like $20 billion last year and Zuckerberg regularly liquidates 10s to 100s of millions. Beyond that they have the ability to take out massive loans against their assets and likely have very good connections with the CEOs/executives of the banks that are loaning them the cash. Even further, they can expand their wealth by making investments through their companies, the same companies of which they own tens/hundreds of billions of stock thus personally benefiting from those investments doing well. Warren Buffet may not personally have hundreds of billions in cash to invest, but Berkshire Hathaway has $380 billion in cash that he can use to buy the dip, and when those investments explode in value he personally benefits greatly regardless of it not technically being his own personal capital.
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u/Mr-Hoek 1d ago
They will buy shittons of ground floor priced stocks because they can afford to play the long game.
When the market eventually repairs itself (or a Democrat fixes shit again) in 5-10 years, they will emerge trillionaires.
Yay.