He does not want his kids to access his wealth for 30 years. Read more at straitstimes.com. Read more at straitstimes.com.
  • tetris11@lemmy.mlEnglish
    6·
    4 天前

    If you’re a billionaire, that’s 10M dollars given per child assuming no taxes

    • Doubleohdonut@lemmy.caEnglish
      2·
      4 天前

      I was thinking of the logistics to set it up initially, but yeah to billionairres its probably easier to hire that out or something.

      • tetris11@lemmy.mlEnglish
        3·
        4 天前

        Trusts don’t pay inheritance tax, and LTD companies don’t pay capital gains. Loophole’s everywhere, by design