this post was submitted on 04 Sep 2024
27 points (86.5% liked)
Asklemmy
43901 readers
1004 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- [email protected]: a community for finding communities
~Icon~ ~by~ ~@Double_[email protected]~
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
You're thinking small fries...
Rob Elon Musk.
If you think billionares have like money in a bank scrooge mcduck style, we'll I have some sad news for you, they effectively are broke to a normal persons point of view (how much actual cash they have).
Instead they have their "wealth" as stock ownership of companies, get a loan from a bank for whatever they want to buy, and then just pay it back with the growing value of their stocks, that's how they don't pay taxes in the US and still get to buy whatever the fuck they want.
Basically, something like this. https://youtu.be/t6V9i8fFADI
Oh, I'm well aware. When I say "Rob Musk" I was thinking of forcing a stock transfer rather than going after his pocket change.