These billionaires have more money than the US Treasury right now

L-R: Billionaires Elon Musk, Mark Zuckerberg, Jeff Bezos, Bill Gates (Associated Press/File)

(The Hill) — As time winds down on how long lawmakers have to reach a deal to raise the debt ceiling to avoid the U.S. defaulting on its debt, the Treasury Department’s cash balance has been dropping. 

Data from the department’s website shows that its cash balance fell to $49.473 billion on Wednesday, a drop from about the $76.5 billion that it had at the close of Tuesday. 

The White House and congressional Republicans are in the midst of negotiations to try to raise the debt limit before it is reached, potentially as soon as June 5. 

As the Treasury’s cash balance drops, an increasing number of individuals in the United States and other countries throughout the world are worth more than what the government has.

The Bloomberg Billionaire Index, which issues a daily ranking of the world’s wealthiest people based on net worth, lists 24 individuals as having a higher net worth than the amount of money that the Treasury currently has.

The New York Times noted that Michael Bloomberg — the founder of the outlet — is left off the list under its editorial policy, but Forbes lists his net worth as about $94.5 billion. 

Below are the billionaires with more money than the Treasury currently.

Amazon founder Jeff Bezos and Twitter, SpaceX, Tesla CEO Elon Musk (Associated Press/Evan Agostini/Invision/Michel Euler, Pool)

Google co-founder Larry Page and Microsoft co-founder Bill Gates (Shuttershock/AP/Evan Vucci, File)

Meta — the parent company of Facebook — co-founder Mark Zuckerberg and Berkshire Hathaway CEO Warren Buffett (Associated Press/Mark Lennihan/Nati Harnik, File)

Walmart Chairman and heir Rob Walton (Associated Press/Danny Johnston, File)