US Treasury cash reserves are dangerously low, with just $38.8B remaining as of May 25. This amount is approaching the minimum level of $30B, while 31 billionaires, including Bernard Arnault, Elon Musk, and Jeff Bezos, individually surpass the Treasury’s cash with net worths ranging from $144B to $193B. Notable figures like Warren Buffett, Mark Zuckerberg, and Michael Dell also feature on the list of billionaires exceeding the government’s cash, along with Francois Pinault and Alain Wertheimer.
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Summary
Article Name
31 Billionaires Surpass US Treasury's Cash Reserves
Description
US Treasury cash reserves are dangerously low, with just $38.8B remaining as of May 25.
Author
Susan Jane
Publisher Name
CNN
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