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-1

In theory, yes only from a monetary standpoint. You list shares, but anything public, like shares, will make it next to impossible to be a hidden billionaire. A theoretical way of being a billionaire that no one knows the identify of is if someone held 1 million bitcoins (or an amount of an object of monetary value, like an amount of diamonds) and the ...


2

Your question can be restated as follows: Is there any requirement to report an individual's net worth to the IRS if an individual's net worth exceeds one billion dollars? The answer is no. There is no general requirement to report individual net worth.


2

If your primary goal is no / minimized fees, there are 3 general options, as I see it: Create a long-term portfolio of specific assets yourself (risky, and also time consuming); Put your money in an unmanaged index fund (as risky as the index you put it to - ie: a venture index with small cap companies would be riskier in some ways than an index of large ...


7

It's possible to be a low-key billionaire, sure. Unknown as in not a public figure, of course. Unknown as in no one including the government has any idea what you're worth, no. There are tons of private companies and partnerships owned by and invested in by hundred millionaires and billionaires and the companies they own. There will be some paperwork ...


5

Do I have to pay the stock investment income tax if I bought some stocks in 2016, it made some profits but I didn't sell them at the end of 2016? You pay capital gains taxes only when you sell the stocks. When you sell the stock within a year you will pay the short term capital gains rate which is the same rate as your ordinary income. If the stock ...


3

It depends on what type of organization they are. Non-profit organizations in the US are required to disclose the top 5 salary earners each year in order to maintain their non-profit status. There are a few sites that can provide this information, but some require a subscription. Alternatively, you can contact the organizations directly and request their ...


15

There are many different methods for a corporation to get money, but they mostly fall into three categories: earnings, debt and equity. Earnings would be just the corporation's accumulation of cash due to the operation of its business. Perhaps if cash was needed for a particular reason immediately, a business may consider selling a division or group of ...



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