FUKK A BUGATTI...SLIM (cash money) just purchased a 7.1 mill dollar mansion in CASH

[500BricksOnTheWrist]

OMG person with money spends money!!!!!!

Spoiler

wtf u expect to happen. If he's ballin wat that make u?a cheerleader

No hate intended

 

[Harry B]

OMG person with money spends money!!!!!!

Spoiler

wtf u expect to happen. If he's ballin wat that make u?a cheerleader

No hate intended

lol, c/s specially when he been getting it for the past 20 years or something.
But I get the point, it's about it being paid in cash not even Mark Zuckerberg paid for his shyt in cash.

 

[the cac mamba]

 

[500BricksOnTheWrist]

it's about it being paid in cash not even Mark Zuckerberg paid for his shyt in cash.

 

[pbconnect]

props to him for having that much liquid cash. at least he didn't buy a $20 million house with cash like Dwight Howard.

But for real Slim looks like he could be Bill Cosby's illegitimate son.

 

[hiphopfanatic]

lol, c/s specially when he been getting it for the past 20 years or something.
But I get the point, it's about it being paid in cash not even Mark Zuckerberg paid for his shyt in cash.

Which makes me wonder if it's a good idea to buy something like that in cash like that? If Slim can do it, I'm sure Zuckerberg, Bill gates etc. can too. But, I never heard about them doing that.

 

[The Bilingual Gringo]

Which makes me wonder if it's a good idea to buy something like that in cash like that? If Slim can do it, I'm sure Zuckerberg, Bill gates etc. can too. But, I never heard about them doing that.

Purchased through an LLC, I don't think he's going to worry about cash flow and write-offs as an individual. I'm far from figuring out the math behind that decision though.

 

[fukkyalifestyle]

article said slim is the number two guy at cash money but baby is the number 2 guy. I sae birdman say in an interview that slim calls the shots. I wouldnt be surprised if birdman was like borderline retarded with all those tattoos and slim is really the brains

 

[jalamanta]

Which makes me wonder if it's a good idea to buy something like that in cash like that? If Slim can do it, I'm sure Zuckerberg, Bill gates etc. can too. But, I never heard about them doing that.

thats because they are not clowns

 

[Kilgore Trout]

just wondering why we should care?

 

[iNad925]

Drake's royalties
Bow Wow's Budget

this

Mayne you forgot bout Nicki Minaj, B.g./Juvenile/Turk, and probably half Wayne money from his career been a long time coming playboi

and this.


Oh, and Bangladesh's Money

 

[Harry B]

Which makes me wonder if it's a good idea to buy something like that in cash like that? If Slim can do it, I'm sure Zuckerberg, Bill gates etc. can too. But, I never heard about them doing that.

When you see those types of cash, you can take out a loan at a floating rate.
Zuckerberg is paying 1% interest because there is no risk that he will default on his loan, it's also less than inflation so he's essentially borrowing money for free. The thing with those loans is that they are volatile so if/when it goes up to 9-10% he can just pay the whole thing.

Basically according to eeconomics if his mortgage rate is 1% and he can make more on say US Bonds he should take the loan and let the money yielded from the bonds to pay for his mortgage and he "lives free".

 

[Harry B]

And why are people talking about them stealing other peoples money.
Specially Drake, Drake was "defrauded" by his management, it's still very unclear if CMR had anything to do with that.

Which makes me wonder if it's a good idea to buy something like that in cash like that? If Slim can do it, I'm sure Zuckerberg, Bill gates etc. can too. But, I never heard about them doing that.

When you see those types of cash, you can take out a loan at a floating rate.
Zuckerberg is paying 1% interest because there is no risk that he will default on his loan, it's also less than inflation so he's essentially borrowing money for free. The thing with those loans is that they are volatile so if/when it goes up to 9-10% he can just pay the whole thing.

People are acting like Birdman and Slim doesn't own a company that moved like 20 million CDs+ and probably more singles the past 5 years world wide, that's what a revenue of $200 million plus. And let's not forget about them having that legendary split with Universal. Let's not forget about Drake, Nicki and Wayne being some of the most profitable (excluding the 80 year old rock cult people) touring artists (and wayne/nicki might have 360 deals).

 

[Ed MOTHERFUCKING G]

When you see those types of cash, you can take out a loan at a floating rate.
Zuckerberg is paying 1% interest because there is no risk that he will default on his loan, it's also less than inflation so he's essentially borrowing money for free. The thing with those loans is that they are volatile so if/when it goes up to 9-10% he can just pay the whole thing.

Basically according to eeconomics if his mortgage rate is 1% and he can make more on say US Bonds he should take the loan and let the money yielded from the bonds to pay for his mortgage and he "lives free".

No.