Musk and Zuckerberg use mortgages to buy mansions

Elon Musk took out a $61 million mortgage from Morgan Stanley to buy five California properties. Mark Zuckerberg also used a mortgage to purchase multimillion-dollar mansions. Financial experts say this strategy allows ultra-wealthy individuals to leverage equity, reduce tax exposure, and access lower borrowing costs. The move is feasible due to their vast net worths, with Musk's net worth at $703 billion.