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re: IRS collected a gargantuan $7 billion estate tax from a single source, nobody knows who
Posted on 4/18/24 at 8:36 pm to deltaland
Posted on 4/18/24 at 8:36 pm to deltaland
quote:
You could win one of those billion dollar powerballs and invest 500 mil at a 10% annual return and in 30 years be worth 2 billion if you don’t blow money. I imagine a lot of oil families in Texas and Oklahoma made hundreds of millions and invested it to be worth way more than we realize. You don’t realize how much money that is. It blows my mind how people like Gates and Musk manage their wealth because it can grow so exponentially at that level even with the most conservative investments
That’d be closer to 9 billion.
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