I’m not sure if I understand what I’ve just read, and I don’t know if wearing a tinfoil hat would help. In all seriousness though, could someone summarize what this article means? It seems to me to be saying that there not only actually is the world’s first trillionaire now, but a trillionaire 8 times over, and a secret one at that. And it seems to be saying that he’s involved in secretly acquiring vast blocks of stock, so vast and so secret that the numbers don’t match the numbers of shares known to the exchange they trade on. Plus, there’s a secret group who is made up of some of the world’s most powerful people involved in this too. Is that what it’s saying?
It sounds like somebody filed a bunch of phoney SEC filings, claiming impossible wealth. And he claims he did it for a group of secret individuals with great power.
The article fails to explain the significance or possible threats from these false filings. The only thing I can think of was they were creating false wealth to back some real fraud. But the article doesn't cover it.
The problem seems to be that doing these fake filings is ridiculously simple and there is a worry they doing so can influence the market in drastic ways.