If you were an American Billionaire, how terrified would you be to witness a *Foreign Billionaire* having their assets and bank accounts seized for no reason of their own?
That is an interesting question indeed. As a billionaire, you have to imagine their main focus is on maintaining their wealth, not accumulating it. That means they would have to balance the risk between having their funds lost without being insured, and having their funds confiscated by an unruly government. I'm betting a lot of billionaires are hiring people to setup self-custody systems that they feel comfortable with in order to avoid the risk of holding their funds on exchanges. I'm sure they've got their money spread around though. No billionaire puts all their eggs in one basket as they say. So while they are probably concerned about losing their funds, when you're that rich, how concerned can you really be? You just play both sides of the fence and let inflation keep you rich.