Jeff Bezos, Elon Musk, Mark Zuckerberg and 28 Other Billionaires Each Have More Money Than the U.S. TreasuryCash levels at the U.S. Treasury have dropped more than $200 billion in less than a month amid the debt ceiling controversy.
Some of the world's wealthiest billionaires have deeper pockets than the U.S. Treasury has in the bank.
Amid the ongoing debt ceiling controversy, the U.S. Treasury's cash flow dropped more than $200 billion in less than a month, perCNN, and reported only $38.8 billion in cash at the end of the business day on May 25, according tofederal data— which means the country has less in the bank than 31 billionaires onBloomberg's Billionaires Index.
The wealthiest man in the world, LVMH ChairmanBernard Arnault, is worth an estimated $193 billion, whileElon Musksits at $185 billion.Jeff Bezosis next with $144 billion, followed byBill Gatesat $126 billion.Mark Zuckerberg坐在10号与他的955亿美元。
EvenMichael Dell, No. 24 on the list, has out-ranked the U.S. with a net worth of $54.5 billion.
The country's cash flow looked bleak after the U.S. racked up more than $31.4 trillion in debt in January, followed by fears that the U.S. could run out of funds by June 5 if the debt ceiling isn't raised.
A bill was proposed on Sunday that would suspend the debt ceiling until Jan. 1, 2025, with nearly $2 trillion in spending cuts. The House has 72 hours to read the bill before they can vote.