GeneralNeutralFortune Crypto · 3h ago5/10
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Billionaires Elon Musk and Mark Zuckerberg used mortgages to buy multimillion-dollar mansions. Here’s why that’s a savvy financial decision
Billionaires including Elon Musk and Mark Zuckerberg use mortgages to purchase multimillion-dollar properties rather than paying in cash, demonstrating that strategic debt financing is considered a wealth-building tactic even among the ultrarich. Financial experts explain this counterintuitive approach leverages low interest rates and preserves capital for higher-return investments.
