> This has never been true for any public company. Not really true. Most billionaires utilize the "buy, borrow, die" strategy of borrowing against their holdin

> This has never been true for any public company. Not really true. Most billionaires utilize the "buy, borrow, die" strategy of borrowing against their holdings instead of selling to get around taxes. As long as the equity increases in price more than inflation you come out ahead, plus save the 20% on taxes. Then when they die their capital gains are reset so no taxes ever paid.