Where do billionaires keep their money?

Discussion in 'Trading' started by NanoTick, Oct 8, 2008.

  1. Now since FDIC only covers $100K, so someone with $100M cash mush have 1000 accounts to keep his money safe? How does it work?
  2. They own the bank :)
  3. t-bills for liquidity

    land for wealth preservation
  4. mr888


  5. lottery tickets
  6. tbills, money market accounts, foreign bank accounts in aaa countries, cdars.

    bear in mind, billionaires have most of their equity tied up in a business or stock
  7. they can walk to their bank in dubai or the caymans