Her gross income was $23 million. I wonder how much was left over after US and California taxes. Was that money spent wisely?
Exactly! This was written by a jealous journo who knows little about how many “wealthy” people manage money nor the taxes and support managers that eat into it. They instantly believe the wealth estimates listed on Google. The smart ones bank it in equity assets, as much as possible. It’s usually non-liquid. Now, we’re learning - as in James Woods - that those assets aren’t necessarily insured (or were recently dropped). Yeah, they should have six figures in a bank, but many don’t. I learned this the hard way, myself, by not planning for emergencies.
Never mind her gross income, or any of their gross income. I have to believe they have insurance on their homes.