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Imagine how much better the world would have been if rich assholes like Larry had told his son to grow the fuck up rather than hand the oversized toddler conglomerate company toys to pull apart. Oh, and tax the rich into oblivion.

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.

22/10/26, 1:09 am0 reposts1 like

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