If non cash rich billionaires have to sell stocks to pay taxes how do they stay in control of their companies?
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Sometimes there are different classes of stock. Class A shares, for example, may have 10 times the voting power of the Class B shares but the same economic rights (equal dividends). I think this was the case with Google before it became Alphabet.
Basically the “owner” can retain control but still have their pro data economic interest.
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