Started By
Message

re: Bruno Mars allegedly has a $50 million gambling debt with MGM

Posted on 3/18/24 at 10:15 am to
Posted by Bjorn Cyborg
Member since Sep 2016
26961 posts
Posted on 3/18/24 at 10:15 am to
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.

first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram