$2.4B for an NBA team? Those stack up quickly to drain the ol' bank account: buying 10 cost me around 8% of my stack! And that's only .. 33% of all teams in existence (there are 30 in total). So, for only 24% of Musk's net worth, he can buy the entire NBA.<p>No single person needs this much money when there are still people starving to death and dying of basic diseases. Unless..
Okay genuinely, what stops billionaires from cashing out their assets? At some point, I really wouldn't care about getting another few billion from holding onto some asset, so I wouldn't mind just having that in liquid cash. Granted, I know you can't just have one bank account, but why not just spread it over thousands of bank accounts?