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Matt Novak@paleofuture.bsky.social

“The borrowing let Ellison keep his stock and avoid locking in taxable gains, and highlighted how billionaires often employ a strategy called ‘buy, borrow and die’ to retain their wealth without selling assets.”

wsj.comExclusive | Larry Ellison Went on Borrowing Spree to Bankroll His Son’s Warner Bros. BidThe billionaire put up shares in Tesla, SpaceX and Paramount Skydance this year to borrow more from banks.