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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.
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