He will own around 80% of the shares, so he’ll have plenty to sell off to enrich himself or use to borrow against down to 50.01% and he maintains control. So he gets a huge influx of cash from the ipo to use and he gains a wider calculation of wealth headed towards being the first trillionaire. This will absolutely put him over the edge into that status.
How will that enable his stay in power? I have no clue how stuff like this works.
He will own around 80% of the shares, so he’ll have plenty to sell off to enrich himself or use to borrow against down to 50.01% and he maintains control. So he gets a huge influx of cash from the ipo to use and he gains a wider calculation of wealth headed towards being the first trillionaire. This will absolutely put him over the edge into that status.