In this intriguing account, this entrepreneur shares a striking example of the financial power distinguishing billionaires from millionaires. Recalling a moment when he used a gold Royal Trust credit card to cover a $65 million purchase, he describes the luxury and privilege of having such significant credit. With a 1% discount worth $1.3 million, he highlights how a billionaire’s financial leverage allows for extraordinary transactions and benefits that are out of reach for most. This anecdote underscores the vast difference in financial capabilities between billionaires and millionaires.
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