A Billionaire Bought a $65M Skyscraper With a Credit Card… Here’s Why

Beyond Motivation HQ⭐

A billionaire once shocked people by buying a $65 million skyscraper with a credit card. It sounds impossible, right? But it actually happened — just not the way most people imagine.  He didn’t use a normal credit card. Instead, he used a very exclusive one like the American Express Centurion (the Black Card) or the JP Morgan Reserve. These cards are only available to extremely wealthy people.  The card was likely used to cover the down payment or handle the purchase for a short time before the money was quickly paid back.  So why do this? Because cards with very high limits give huge reward points. In this case, the billionaire reportedly earned millions of points — enough for first-class flights, luxury hotels, and high-end shopping.  It wasn’t just about showing wealth. It was about using financial tools wisely to gain even more benefits. That’s the kind of thinking many billionaires have.  Speaker: @Jonathanwener   Source: @BigShot

Transcript

00:00He said, you can't buy the Royal Trust building on a credit card.

00:04I said, are you kidding me?

00:07I had written one building, 65 million, I'd signed it.

00:11I said, could you please call for an authorization?

00:14And it was a gold Royal Trust credit card.

00:16They sent me my bill yesterday, and I paid it, and I brought it up to date.

00:21That means I won't get another bill for 30 days.

00:26That's worth 1%.

00:281% is $650,000.

00:31And I said, and by the way, I don't know whether you know it or not,

00:35but on a gold Royal Trust credit card, you get a 1% discount.

00:41That's 1.3 million.

00:43He said, you can't buy the Royal Trust credit card.

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