It's one person, per bank. So all of your accounts combined at every bank you deal with is covered up to $250K (or $500K if you're married, but that's still $250K per person).

Meaning if you have a savings account, a checking account, a money market account, and a CD account at a single bank, all of them have a combined insurance of $250K ($500K for married couples).

There are ways to extend this by using services that split up your money between banks and credit unions across the country so that each bank has no more than $250K in it, while you can access the full amount from your designated home bank. But the insurance coverage doesn't change, and there's a limited number of banks in the US.

Quick search says that there are currently 4,746 commercial banks in the US. At $250K a piece the maximum conceivable coverage a person could achieve is $1,186,500,000, which is enough to cover 103 people using OP's numbers for how much cash the FDIC has on hand. And that's having it split evenly, which we all know would never happen.

People like Gates, and Bezos are gonna get a bigger chunk of the pie (assuming they get any), and that's not even getting into the shadowy overlords pulling the strings behind the scenes.

Besides this, most billionaires don't have this much cash lying on hand anyhow. The majority of ultrawealthy people have almost their entire fortune tied up in the stock market.

In the grand scheme of things, Real Estate, Precious metals, etc. are not the favored investment of the ultra wealthy. They don't deliver explosive returns over a short period of time and there's very few (if any) ways to manipulate their value or price by using elaborate schemes.

The complete opposite is true of stocks and equities, where it's so easy to manipulate values, that it's basically child's play.

There's a reason most cabal stooges are tech bros or stock market manipulators, while most "good billionaires" (Like Trump), are heavily invested in actual real asstes. There's also a reason why they're that people who earned their fortune honestly (again Trump), are generally 20-30 years older than cabal stooge billionaires. Because it takes longer to build things when you don't have the cabal backing you up.

EDIT: I feel I should also point out that "Maximum possible coverage" isn't really feasible either, since not all 4,746 banks in the united states participate in in these account splitting services, nor is it realistic sicne most ultra wealthy will have large accounts at private wealth banks and commerical banks due to their resources and investment programs. Take JP Morgan, they require a minimum investment of $10 Million to be a client in their private banking services. So that's at least $10 Million that can't be split between other banks for FDIC insurance. And most clients will have MUCH more than the minimum investment held in their accounts.

There's a reason that all these wallstreet banks have ridiculously high assets on their sheets. It's because all the cabal billionaire wealth is concentrated in like, 100 banks and investment firms in the country. They rarely, if ever, venture out into smaller banks, even for protection.

It's one person, per bank. So all of your accounts combined at every bank you deal with is covered up to $250K (or $500K if you're married, but that's still $250K per person).

Meaning if you have a savings account, a checking account, a money market account, and a CD account at a single bank, all of them have a combined insurance of $250K ($500K for married couples).

There are ways to extend this by using services that split up your money between banks and credit unions across the country so that each bank has no more than $250K in it, while you can access the full amount from your designated home bank. But the insurance coverage doesn't change, and there's a limited number of banks in the US.

Quick search says that there are currently 4,746 commercial banks in the US. At $250K a piece the maximum conceivable coverage a person could achieve is $1,186,500,000, which is enough to cover 103 people using OP's numbers for how much cash the FDIC has on hand. And that's having it split evenly, which we all know would never happen.

People like Gates, and Bezos are gonna get a bigger chunk of the pie (assuming they get any), and that's not even getting into the shadowy overlords pulling the strings behind the scenes.

Besides this, most billionaires don't have this much cash lying on hand anyhow. The majority of ultrawealthy people have almost their entire fortune tied up in the stock market.

In the grand scheme of things, Real Estate, Precious metals, etc. are not the favored investment of the ultra wealthy. They don't deliver explosive returns over a short period of time and there's very few (if any) ways to manipulate their value or price by using elaborate schemes.

The complete opposite is true of stocks and equities, where it's so easy to manipulate values, that it's basically child's play.

There's a reason most cabal stooges are tech bros or stock market manipulators, while most "good billionaires" (Like Trump), are heavily invested in actual real asstes. There's also a reason why they're that people who earned their fortune honestly (again Trump), are generally 20-30 years older than cabal stooge billionaires. Because it takes longer to build things when you don't have the cabal backing you up.