The U.S. Treasury Currently Has Less Money Than 24 Billionaire Individuals
- According to Bloomberg, the Treasury Department's cash balance has dropped to $49.473 billion.
- There are 24 individuals who have a higher net worth than the Treasury currently has in cash.
- The Bloomberg Billionaire Index tracks the world's richest people based on their net worth.
- Jeff Bezos, Bernard Arnault, and Elon Musk top the list of billionaires with more money than the U.S. Treasury's current cash balance.
- The debt limit needs to be raised soon, potentially by June 5, to avoid running out of funds.