Others likely know the numbers better than myself, but directing (or controlling) the investment of $1T is far different than earning $1T. I think the cut for directing/controlling is around 1% to 2% per year, so more like $10B to $20B - still decent money, but not $1T
Woke blue cities defund themselves: Nearly 160 Wall Street firms managing a trillion dollars worth of assets have fled NYC
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Monica is referring to the fact that there is or will be a major ripple effect throughout the NYC economy, AND their Marxist government, when people doing 1 trillion in business call Uhaul and leave NYC for Florida or Texas.