{
  "id": 4166068,
  "title": "'I'm a billionaire. A real one': Lawyer claims only about 20 people actually have $1B in the bank and he's one of them",
  "url": "https://urgent.news/2026/08/28/im-a-billionaire-a-real-one-lawyer-claims-only-about-20-people",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T09:30:00.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/im-billionaire-real-one-lawyer-093000135.html"
  },
  "original_language": "en",
  "account": "Billionaire John Morgan has claimed that only around 20 people in the world have a genuine billion dollars in the bank. Morgan, a lawyer and founder of Morgan & Morgan, asserts that most ultra-wealthy individuals have significant assets like companies, stocks, real estate, and private investments, which are not easily accessible as liquid cash. The exact number of billionaires with a billion dollars in liquid cash is unclear, with estimates ranging from a handful to potentially more. However, for the majority of billionaires, their wealth is mostly tied to assets that can fluctuate in value.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}