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He is pretty well off. We can be quite certain that he bought the plane with cash.
by nopenopenopeno 4y ago
He is pretty well off. We can be quite certain that he bought the plane with cash.
- ineedasername 4y agoLots of well off people still purchase things via loans. Also various net worth estimations online place him between $1M to $1.5M. That's not the kind of money where you automatically just pay cash for something that might be $50k to $100K, especially when net worth at that level is often (not always) tied up in a primary residence. There's no certainty here. And regardless, insurance is required on private aircraft, owned or loaned.