This is how the wealthiest people on earth were created 🤯

This has created some of the wealthiest people on planet Earth. Private equity versus hedge funds. Now both of these are funds. So what a fund is, a fund is a pool of money. Fund managers can draw from that pool of money. They go and make investments. Whenever those investments make money, the money flows back to the pool and gets split between the fund manager and the investors. So what's the difference between private equity and hedge funds? It's down here, what they invest into. Private equity buys and sells private companies. So for example, Sycamore Partners owns Nine West Shoes, Aeropostale, Staples. On the other hand, hedge funds buy public securities. They'll buy stocks, bonds, options, crypto, forex. So again, both are pools of capital. One buys privately held securities, the other buys publicly held securities. Comment your favorite private equity hedge funds below.