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)

Berkeley's Zucman on Tax Evasion and Global Inequality
53:53 - Gabriel Zucman, UC Berkeley assistant professor of economics, discusses tax evasion and global inequality with Bloomberg's Joe Weisenthal on "What'd You Miss?" (Source: Bloomberg)
  • Full Show: Bloomberg Real Yield (06/23)
  • Former American Airlines CEO 'Mystified' by Qatar Bid
  • Berkeley's Zucman Says Tax Evasion Rises With Wealth