Paper millionaire (millionaire on paper, paper millionaire)

A person who owns papers or real assets which, if traded now, would be worth at any rate one million EUR. – An individual who has realized a high net value as a result of the large total market value of the assets he or she holds, but are not in the form of cash. This phenomenon has often occurred when investors buy marketable securities that are later bid up to much higher prices on the open market). – Someone in possession of securities whose value is zero. – See cheap copy, dingo stocks, financial junk, frontrunning, secret tip, glamour stocks, paper profit, pump and dump, scalping, shadow banking, sham transactions, angle brokers.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/