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by titzer 1190 days ago
Not a single one of them will be poor. Ever.
1 comments

The bank's owners were its shareholders, and it was publicly traded. Literally anyone could own a share of it.

https://www.google.com/finance/quote/SIVB:NASDAQ

How can you get the money to buy the shares, if you are a regular worker? Maybe get a loan from a bank?
It was trading at about $200 a share, you don't need a loan to be a shareholder. Besides, you can get fractional shares so even if $200 is too much you could still be a shareholder.
You might save money, or your employer or government might invest money for your pension in the bank's stock.
Lots of normal people own stocks. You can save money and invest it for retirement, etc. It’s risky because… Well… Public companies you invest money in can go bankrupt.