Yep. All he really did was buy a few companies and a couple of politicians. With money that mostly isn't even really there. When he 'lost' a billion or so when Tesla's stock plummeted, who were the new owners of that billion? No one. Because that money only existed in the minds of the share holders. If I would tell you my left sock is worth 10 million and you offered me 8 million for a sock. Does that mean I lost 2 million? Apparently. You only have to add a t to 'socks'