Seeking investment is a sensible way to raise money and be more accountable IMO. And if investors are ready, why would anyone risk their own money? It's plain business sense.
The ones doing it on their own, are probably doing it privately. One of the reasons for us government asking to know, so atleast they are not kept in the dark.
This is the real answer. The other commenters just don't understand how money and wealth works. Net worth doesnt mean liquid money in the bank ready to withdraw. He would have to sell his own assets which would have an impact on their value the quicker he yolo'ed those sales.