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Miltiadis Kastanis

Coverage of Miltiadis Kastanis in the Nexus archive.

Earliest in view: Jun 6 · 10:56 UTCMost recent: Jun 6 · 10:56 UTC

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BUSINESSJun 6 · 10:56 UTCFORTUNE
Billionaires Elon Musk and Mark Zuckerberg used mortgages to buy multimillion-dollar mansions. Here’s why that’s a savvy financial decision
Elon Musk and Mark Zuckerberg used mortgages to purchase multimillion-dollar properties, allowing them to keep capital invested in other assets. Financial experts highlight benefits like leveraging low interest rates, tax deductions, and optimizing liquidity by avoiding cash outflows for real estate.