☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 13 days agoElon Musk calls himself ‘former trillionaire’ as billions vanish amid Tesla, SpaceX crash. Why the rich laugh at lossesfinance.yahoo.comexternal-linkmessage-square6linkfedilinkarrow-up132arrow-down10cross-posted to: [email protected]
arrow-up132arrow-down1external-linkElon Musk calls himself ‘former trillionaire’ as billions vanish amid Tesla, SpaceX crash. Why the rich laugh at lossesfinance.yahoo.com☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 13 days agomessage-square6linkfedilinkcross-posted to: [email protected]
minus-squareNekoKoneko@lemmy.worldlinkfedilinkarrow-up9·13 days agoAlso, he certainly avoids paying capital gains taxes on his wealth like all of the rich, by borrowing with the inflated value stock as collateral. He’s never going to dump his holdings and the very idea that he’d ever need cash is nonsense.
Also, he certainly avoids paying capital gains taxes on his wealth like all of the rich, by borrowing with the inflated value stock as collateral. He’s never going to dump his holdings and the very idea that he’d ever need cash is nonsense.