@feld Well millionaires don't put their money in banks anyway. If you have a significant amount of money in the bank for more than a few months you are literally losing money because interest rates don't keep up with inflation and.
Everyone (the majority) of people that had money in SVB literally had more money than they knew what to do with. What happened to SVB literally shouldn't concern anyone else, except people watch the news and don't know how banking works.