Billionaire Buys Yacht With Imaginary Dollars—No Stock Sold!
How does a billionaire buy a yacht with just $1 in salary? Easy—enter the world of “Buy, Borrow, Die.” Here, wealth isn’t sold; it’s leveraged. Use your stockpile of shares as collateral and nab a low-interest loan to sail the seas tax-free. Why pay capital gains when you can savor cheap debt? The stock market rides the waves, your wealth grows, and the yacht transforms into a business expense. It’s not magic—it’s Wall Street wizardry, serving billionaires while the rest ride the bus. Welcome to the chaotic dance of stocks and tax breaks.