On: Facebook’s Zuckerberg Now Richer Than Steve Jobs

[Aetius]

And this matters because?? I've heard Larry Ellison is the most illiquid billionaire, as he finances everything with loans against his massive equity in Oracle. He's still in the top 5 richest people. Zuckerberg is no different.

[SamReidHughes → Aetius]

Larry Ellison is also more liquid than Zuckerberg.

[ojbyrne → Aetius]

Oracle has 25 years of cash flow to finance against. I suspect he gets good terms.

[quizbiz → Aetius]

How exactly does one finance everything with loans against equity? What does that mean? How does he pay back the loans? With shares?

[borism → quizbiz]

wow, borrowing against stock, how risky is that (for both him and his shareholders)?

apparently he has been sued about it http://articles.sfgate.com/2006-01-31/news/17279373_1_oracle...

[shasta → borism]

The way I read your link, he was sued for something else, and this practice came to light during discovery.

[arethuza → borism]

Might be risky for him - I don't see why it's much of a risk for Oracle shareholders.