So it's like we should stop talking about "the richest/wealthiest person" and start talking about "the person with the highest valued assets as dictated by the market", lol.

Is there ever a metric/list of the biggest hoarders of cash or gold in the world - something that is a bit more consistently and constantly valued with fewer fluctuations? Like a real-life Smaug? I always hear talk of Apple having ridiculous cash reserves, but never a particular person... maybe a sheikh or the Saudi king...

So do we really want to have billionaires get richer, on paper? Sounds crummy.

That's a good phrase to keep in mind, current market value of assets decreasing. Thanks.

Thanks. But speaking a bit more philosophically, do we non-millionaires and -billionaires gain anything when the super rich lose great deals of "on paper" money?