Someone explain to me why Mark Zuckerberg refinanced his home.
Ok, he financed the purchase of a home that represents less than 0.03% of his net worth. i understand the concept of opportunity cost and the tax incentives of a mortage, its like me taking out a 30 year loan to buy chewing gum. ok whatever… but im abit suprised by the point of a refinance.
it appears he reduced his monthly payments by something like $500,… thats like me finding a 1/10 of a penny in the laundry once a year… roll eyes
if he is really trying to be a cash flow nazi, why not try to haggle the price when he bought Instagram, he paid 1B right… i’m thinking those guys would have accepted 995,999,999
TLDR - worth >$15,000,000,000 and is financing “office supplies”