I know a majority of Bezos’ and Musk’s net worths are stock ownership. But they obviously would want to make actual cash. So do they just sell a bit of their stocks every year? How do they gain their ownership back then, aren’t they just decreasing their ownership of company stocks? Would they just buy more stocks then? And if so, isn’t that an endless loop of nothing? Sell your stocks to get money, but then buy the stocks back for more ownership of the company?
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first, they get huge loans taken out. And you can take out even more huge loans later, to pay off the previous ones. If you have 250 billion, you can take out lots of loans.
Also, they can pay themselves (although that is rare, because it is taxed at a high rate).
They can buy a lot of stuff on the business account (and it’s a tax write-off). You can do that with almost all the stuff they use in their lives, so they don’t need cash barely at all.
Also, they can pay themselves in stocks or stock options. Then sell those. So they don’t have a steady loss of stocks, the core ownership remains.
They have a team of super genius accountants and lawyers, so they can take full advantage of every possible loophole you can think of.
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