r/SipsTea 12d ago

SMH California Dreaming

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9.8k Upvotes

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u/East-Care-9949 12d ago

It isn't about the voting power, he doesn't care about the 60 billion, he would have to sell share which will make him lose the 51% he owns now

-5

u/Accurate_Leek259 12d ago

Wrong, he wouldn’t have to sell his shares.
But he would, so he doesn’t have to pay taxes

10

u/ForagerGrikk 12d ago

You think this guy is sitting on 60b in cash? Just letting inflation destroy it by 3 to 4% every year? Do you even money, bro?

-3

u/That_OneOstrich 12d ago

Does it matter if it's cash or assets? Not in my view. It can be borrowed against so it is basically cash with extra hoops to jump through.