Thread: ELI5: How do people with large sums of money buy things with large price tags? (e.g buying a 50 mill

ELI5: How do people with large sums of money buy things with large price tags? (e.g buying a 50 mill (by Sparky)

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(30 / M-F / Massachusetts)
28-Apr-21 8:15 pm

ELI5: How do people with large sums of money buy things with large price tags? (e.g buying a 50 million dollar boat)

Do they keep that money in a normal checking account like a normal person would? Can they use the same account that buys something for 50 million to buy groceries?

Source.

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