How do billionaires pay off their loans? 231 viewsOctober 1, 2024EconomicsOther Question99.95K October 1, 2024 0 Comments As far as I understand it, a billionaire’s wealth is wrapped up in stock, which is used as collateral to borrow money to actually spend. So how do they pay off those loans? With other loans? Loans all the way down? In: Economics 20 Answers ActiveNewestOldest Anonymous Posted October 1, 2024 0 Comments They don’t. As someone else mentioned, they are usually paid back with borrower assets upon death. You are viewing 1 out of 20 answers, click here to view all answers. Register or Login
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