How do billionaires pay off their loans? 209 views7 days agoEconomicsOther Question99.89K 7 days ago 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 7 days ago 0 Comments They also use dividends that they earn from stock which is taxed at a lower rate then income though work. You are viewing 1 out of 20 answers, click here to view all answers. Register or Login
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