Zuckerberg’s 1.05% Loan Shows How Wealthy Stay Rich
July 16 (Bloomberg) -- Billionaire Mark Zuckerberg is giving new meaning to the term “the one percent.” The Facebook Inc. founder refinanced a $5.95 million mortgage on his Palo Alto, California, home with a 30-year adjustable-rate loan starting at 1.05 percent, according to public records for the property. Michael McKee reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)
Jan. 30 -- Former eMusic CEO Adam Klein and Bloomberg Intelligence's Paul Sweeney discuss Jay Z's expansion into music streaming to take on Spotify and Apple’s Beats. They speak with Bloomberg's Alix Steel on "Street Smart."
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