His wealth doesn’t come from his income. His salary doesn’t mean shit to him.
Comment on The Telegraph has deleted this sob story
WR5@lemmy.world 4 weeks agoWhat does this mean? By this metric, the wealthiest person in the world is not considered rich. Elon Musk both works and has an income.
Aux@feddit.uk 4 weeks ago
WR5@lemmy.world 4 weeks ago
His investments and stocks do provide income (although not a salary). Regardless, my earlier statement still stands.
Aux@feddit.uk 4 weeks ago
No, it doesn’t.
Feathercrown@lemmy.world 4 weeks ago
You provide no value to this website. Blocked.
strongarm@lemmy.dbzer0.com 4 weeks ago
Don’t mean to get into the argument here, but the way that people like him have spending money is to take loans out against their investments, so they go into debt and don’t pay taxes on that. The banks don’t care because if they need to cover the debt they can just sell some of the shares.
Ilovethebomb@lemm.ee 4 weeks ago
Just FYI, I’ve tagged this guy as “kinda a dumbass” in the app I use.
I wouldn’t spend too much effort arguing with them.
WR5@lemmy.world 4 weeks ago
Yeah good shout. I gave up after I realized. Thanks!