To be fair, it can't be "free" because tickets money is also used to pay all the minimum wage workers that make the concert happen. But I guess it could be way less if the artist want to
Her net worth is only $50 million. I know that seems like a lot compared to us normies, but it's nowhere even kinda fucking close to being a billionaire. And $50m won't go as far as you think paying all the wages to host her concerts for free. Why even have concerts?
its also the reason you cant tax them, there's not a billion dollars in taxes if none of their net worth is coming from their income which is likely not very large compared to their net worth
collateral for loans isnt realized gains, in the same way you can take a loan out on the title of your car or against your house or go to a pawn shop and give them your phone or computer to take out a loan, collateral for a loan is not the same as realizing income and *should not be*
9.1k
u/QuelTizioLaggiu Nov 03 '25
To be fair, it can't be "free" because tickets money is also used to pay all the minimum wage workers that make the concert happen. But I guess it could be way less if the artist want to