How do the super-rich pay back loans that they take out against their assets to unlock cash? 702 viewsDecember 31, 2023 Question100.55K August 3, 2023 0 Comments I’ve seen in a few places that the super-rich can unlock their wealth ‘tax free’ by taking out a loan secured against their shareholdings or other assets, then use the cash from the loan to buy real stuff. But how do they pay back the loan? In: 196 15 Answers ActiveNewestOldest Anonymous Posted August 3, 2023 0 Comments They don’t, the assets are taken from the rich and the debt is settled. Rich got the money without paying taxes, Bank gets the assets You are viewing 1 out of 15 answers, click here to view all answers. Register or Login
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