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Facts about billionaires. They don't have bank accounts like we do...

They have art collections, yachts, mansions and stocks.

None of it is taxed until they sell it. So they don't sell it; they borrow against it instead. They then live off the loans and pay almost nothing.

Then when they die, their children inherit it, all tax-free.

Their wealth never gets taxed. It just gets passed down.

For the rest of us:

We're taxed when we earn money.
We're taxed when we spend money.
We're taxed when we save money.
And we're taxed when we're dead and our children inherit our money.

Billionaires borrow against their wealth, and skip all four.

Same country, different rules.

And Americans wonder why the inequality gap keeps getting wider.
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Bank deposits for an individual are only insured by the FDIC to $250,000 total per bank. A low end billionaire wanting to protect his/her wealth would then need such max deposits in 4,000 different banks. High end billionaires would need such deposits in 400,000 bank,

Once much beyond just being a millionaire you are pretty much on your own with protecting your wealth.