The biggest problem facing these multimillionaires (and billionaires) is that they never have any cash on hand: all their money (and the returns it generates) is directly invested in real estate, the stock market or art by their wealth managers.

So, every time they want to buy something that will immediately lose value the moment they walk out the store, they’re forced to sell something that had been making them money up until then. This idea of losing money twice with every purchase literally drives them crazy and might explain the high number of drug addicts, depressed people, and suicides among them...

 

Last edited: Mar 15, 2026 at 2:52 AM

One would've thought that with a stage name like yours, you might at least be au fait of how your favorite evil Nazi billionaire operates (hint: like all the other ones).

Summary: he lives on borrowed cash. Plenty of cash - limitless amounts even. But all borrowed so he never has to pay tax on it.

Never mind the real estate and art investments, all of which are taxable (yearly or upon death), the scheme rest on the stock portfolio.

Any eight or nine-figure-millionaire or better yet, billionaire, will borrow against their stock portfolio. A bank will loan them, say, $10-100M, enough cash for most to live off yearly. At the end of the year, the portfolio will have gained significantly more than the interest due. And so the figure-millionaire or billionaire's "wealth manager" pays off the loan and interest, and the billionaire has lived off this cash entirely tax-free - as the loan is a debt, and debt is not income, and therefore cannot be taxed.

In parallel to this loan/debt tax free scheme, stocks can only be taxed when realized, so you can appreciate how this little loop benefits your billionaire idol buddy (and his cronies), and how cash is really not "the biggest problem facing these multimillionaires (and billionaires" and how they actually have plenty of "cash on hand." It's just not theirs, but the bank's.

I hope this clarifies things for you, and assuages any concerns you might've harbored about your billionaire idol buddy's cash flow.

Note: there is one exception to this scheme, and that is the one devised by Nelson Rockefeller for his descendants. They don't borrow from a bank, but from their life insurance company. It's fairly complex but the idea is that the family trust subscribes a life insurance police in the name of every new Rockefeller descendant born, and pays the yearly premiums out of the trust. Meanwhile, the descendants borrow money (or cash as you call it) from the trust. They never repay the trust, they only borrow (accrue debt) tax free.
Upon their death, at any age, the trust recoups the very sizable life insurance policy and cancels out the debt of the deceased.

Any and all of this can be garnered by reading such publications at the Financial Times, The Economist, or any variety of books.

I don't remember who said (it might've been me): "Reading is the OG software upgrade." Reading is good. You learn things.