Having closed the merger of his social media company, Mr. Trump could find ways to raise cash against the value of his stake in the company, estimated at more than $3 billion.
Rich people don’t sell their holdings like that. They borrow against them and use the loans to pay for everything. If he has a billion or two in equity, then he can get a billion in loans without ever actually selling the shares.
You can build a vapor ware fraudulent mess, make someone else the CEO and CFO and just be a board member and basically wipe yourself of all liability. You just need enough rubes to keep your stock up through the first week or two of IPO while you close the loans
Actually, he can’t sell his shares for 6 months. It’s also speculated that if he did sell his shares, the value of all shares would go down.
Rich people don’t sell their holdings like that. They borrow against them and use the loans to pay for everything. If he has a billion or two in equity, then he can get a billion in loans without ever actually selling the shares.
You can build a vapor ware fraudulent mess, make someone else the CEO and CFO and just be a board member and basically wipe yourself of all liability. You just need enough rubes to keep your stock up through the first week or two of IPO while you close the loans
This