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re: Bruno Mars allegedly has a $50 million gambling debt with MGM
Posted on 3/18/24 at 10:15 am to StringedInstruments
Posted on 3/18/24 at 10:15 am to StringedInstruments
quote:
Okay. Who gives a shite?
$50 million is nothing when you have $125 million to $200 million leftover. It’s just noise for maintaining a luxurious, high quality of life.
These posts are always hilarious. $50 million is a lot of money. These entertainers are hilariously bad with money, thus the $50 million debt. That means he likely has other large debts and spends money like it's water.
Also, he has to pay that $50 million debt with post-tax money, meaning he has to earn about $80 million to pay it off.
He's also likely not very liquid, so would have to sell off assets/investments, potentially at a loss, to pay it.
Even if he performed for free to pay it, that still counts as income, so taxes would be incurred.
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