What Happens When You Sell a Business for $5 Billion
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@noahkagan Жыл бұрын
Here's The Link to Full Video! kzfaq.info/get/bejne/jr2ngNViz7-tdHk.html
@TheRightCoins 11 ай бұрын
Hey Noah! I might be able to get you an interview with the former CEO of Planet Fitness who also sold and went Liquid for billions. I’m good friends with his, then, personal assistant. Us Noahs need to stick together ❤
@TheRightCoins 11 ай бұрын
@noahkagan
@ArjunLagisetty-yh3dy 10 ай бұрын
Hi
@noahthegoat8 10 ай бұрын
@@TheRightCoinsi can confirm that is Noah’s need to stick together
@xolamzamane2009 10 ай бұрын
😮
@sportingsharksfcnfts5211 Жыл бұрын
And then he donated 50 or 100 million to charity and started building homes for orphans I believe. Very much a philanthropist
@AccountHolder007 Жыл бұрын
1/400 of one's fortune to charity. Philanthropist indeed.
@kaynkayn9870 Жыл бұрын
@@AccountHolder007 how many millions have you donated?
@aminnoguera3815 Жыл бұрын
@@AccountHolder007have you donated 1/400 of your money to charity? 🤐
@kv9831 Жыл бұрын
@@AccountHolder007 well he spent 20 percent on taxes, which is a charity per se and then if he had spent 25 percent of the rest of his money on charity then that's like 40 percent of his hard earned money being spent on for the welfare of his people and the country. So please, calm down Mr. human rights keyboard warrior and try to earn your own Ms than using unnecessary sarcasms to belittle other people.
@snakeoo7ca Жыл бұрын
Yeah its called a tax shield
@rjacosta1070 Жыл бұрын
That man has paid more in taxes than everyone sitting in Congress and the Senate combined
@Mesena2773 11 ай бұрын
In history😂😂
@JamesScrote 11 ай бұрын
Yah it's crazy how people really think that millionaires and billionaires don't pay their fair taxes lol. Homie paid more in one sitting than people do in their whole lives
@inflation1139 11 ай бұрын
He also makes 100× more than them 😂😂
@JamesScrote 11 ай бұрын
@@inflation1139 he boosts our economy more than any of us. Our taxes don't make a dent lol
@Its1754_ 11 ай бұрын
@@JamesScrote he paid more taxes than my whole family tree will ever have to pay
@Tokilainen Жыл бұрын
This guy is the type of guy you want to meet randomly at a party or pub or something
@JohnDoe-xm9ql 11 ай бұрын
I have.. He is the real deal.
@Malouco 11 ай бұрын
Look up a guy names Lanny Pavo The Genius and Macho Man's brother... THAT GUY HAS STORIES AND HE IS AN HONEST GOODFELLA JUST LIKE THIS MAN
@yehheapsmadaybut 11 ай бұрын
Don't think he'd swim in the same circles
@gibbsm 11 ай бұрын
you think this guy hangs out in dirty ass bars or parties?
@whitebocolate69 10 ай бұрын
Lmao funny you said that, my dad ran into him a few months ago at a company startup brunch thing in Pismo. Said he was the chillest and smartest dude
@Generic-usernam3 Жыл бұрын
Remember kids, business is usually only illegal when the government isn’t getting a cut
@rickdb8480 11 ай бұрын
I can’t think of a single business that can legally operate without giving the crooks… I mean government a cut of its income actually 🤔
@Bdigital9482 11 ай бұрын
@@rickdb8480dumb comment. Every company that’s not a non for profit pays taxes. So yeah every company has to pay taxes duh
@Wopedomer 11 ай бұрын
@@rickdb8480yea those republicans stayyyyy fucking over everyone and taking money from the poor But no tell me more about how “trickle down economics” works Thanks regan!
@FQ99 11 ай бұрын
Straight up extortion from the biggest gangsters of em all 🫠
@EBG... 11 ай бұрын
@@rickdb8480thats why buisnesses do it in other ocuntries lol
@dadrksd5719 Жыл бұрын
The government literally wastes our hard earned money
@Younoggww Жыл бұрын
Well no the politicians steal it
@bigjimmy2997 Жыл бұрын
To give to the Ukraine.....ooops, mean zlinsky and wife.....
@Rdsxfn Жыл бұрын
@@bigjimmy2997 bro, come on….
@Silent_Sounds Жыл бұрын
So true. I'd love for the government to spend less on the millitary and prison industrial complexes, then put less of our hard earned money into a police system that all of the residents hate.
@user-nj1zu2nf1x 11 ай бұрын
Our ?? Bro you probably make like $15 an hour shut the f*** up
@quickmessenger1591 Жыл бұрын
I payed $700 last year in taxes. I did my share
@shmokealot778 Жыл бұрын
1700$ here
@quickmessenger1591 Жыл бұрын
@shmokealot778 why that much? You report all your income?
@Zombieland318 11 ай бұрын
That’s more than Trump
@jhgolf25 11 ай бұрын
$700 total or after you filed your tax return?
@HappyHappyScratchy 11 ай бұрын
😂😂😂
@markloveless7715 11 ай бұрын
Rip Mac miller.. I hear that instrumental.. the divine fem ♥️♥️
@ZiekeMan47 10 ай бұрын
Love….. love love love
@lalaboards Жыл бұрын
I was JP's Poolman for 10 years in Malibu.Incredible guy .We had dinner with him at Nobu .He wanted to meet my mom and dad .The guy who bought my route he me and his partner fixed all of the gizmos in JP's house including underwater speakers , Monster solar panels ,water fill lines and grotto spa .He was such great customer,I buy all his products to this day .
@theunluckycharm9637 Жыл бұрын
Sure
@PERKIODURKIO Жыл бұрын
@@theunluckycharm9637why would they lie
@joshmccarty8586 Жыл бұрын
That's amazing..
@theunluckycharm9637 Жыл бұрын
@@PERKIODURKIO why do others lie is what you should be asking
@inhaltsverzeichnis1133 Жыл бұрын
@@theunluckycharm9637the one question everyone should ask is, why are you such a 🤡🤣🤣🤣
@Andrewthebear20 11 ай бұрын
love the Mac Miller instrumental
@cameronno3740 11 ай бұрын
Love love love love love.
@mekkiz_ 10 ай бұрын
What is its name please
@cameronno3740 10 ай бұрын
@@mekkiz_ the song is "congratulations" off the Devine feminine album hope this helps
@skat3kid94 11 ай бұрын
Its the music for me 🥺🥺
@arfriedman4577 Жыл бұрын
That's a lot of money to get for your company. You are very fortunate. Much success and health to all.
@mosesacevedo 7 ай бұрын
You're speaking as if it just landed on his lap. Lmao
@arfriedman4577 7 ай бұрын
@@mosesacevedo I don't understand. I was congratulating the man.
@truly_I_say 11 ай бұрын
Actually 5.4 billion. My wife's boss is the wife of his business partner ed brown. Super cool guy and I can tell you he was pretty ecstatic about the sale of patron to Bacardi lol
@mm2u-uo5bx 11 ай бұрын
Pail Mitchell hair products and Patron! This guy made a ton of cash!
@gregslone4874 10 ай бұрын
Right, I couldn't think of his name! I remember his commercials years ago.
@M-X39462 Жыл бұрын
So essentially the mafia took his money 😒
@indifferentadvocate1737 Жыл бұрын
You’re a little too old to try and be edgy.
@kinggc3674 Жыл бұрын
How dare you!! Dont you ever offend them that way again. The mafia helped the people out
@CousinBowling 11 ай бұрын
Kinda. The mafia actually did SOME good things with the money they extorted against people's will.
@LucasDaRonco 11 ай бұрын
@@CousinBowlingI highly doubt they did more good than what he did through donations.
@lemonstrangler 9 ай бұрын
dont say those things. they track your words
@jaydee9005 11 ай бұрын
this guy is actually a very honest humble and kind soul he is down to earth may he live long
@Scott.Durkin 11 ай бұрын
I could listen to this man talk all day. Such a great story and very humbling man.
@DAMIENloh1970 Жыл бұрын
Danny Trejo long lost half brother 😂
@iamfrankcaceres 11 ай бұрын
💀💀💀💀🤣🤣🤣👌🏽
@bryanf6638 10 ай бұрын
I thought it was Chuck Norris' brother!
@ButtuhLand 10 ай бұрын
"The sun don't shine when I'm alone"
@kimjong-un8413 10 ай бұрын
I get u
@ButtuhLand 10 ай бұрын
Best album in my opinion
@markfowler9152 11 ай бұрын
Man said Uncle Sam came knocking before I eve got the check.
@jooliagoolia9959 Жыл бұрын
Both Jon Paul and Paul Mitchell literally changed the way hairstylists do hair right before Tony and Guy came along and made their mark. Sadly Tony and Guy were alll about the money and not stylists.
@queenmidas9762 11 ай бұрын
But not a one compares to the Zohan 🕺
@billstacks9850 11 ай бұрын
@@queenmidas9762😂😂😂😂
@debraburke3018 Жыл бұрын
Of course the government has their hands in everyone's pocket. Can't imagine how much money that is and how you possibly spend it all. Great story of growing up without a silver spoon and making it big.
@kaixiang5390 Жыл бұрын
Government creates the roads, postal service, currency, capital system etc for the business to exist. Of course they want their cut
@kaidenwilken2493 Жыл бұрын
@@kaixiang5390yeah but they get to take money from his idea? I get the whole we provide thing but who ever asked for the government to do that? They just told us oh yeah I want your money but to make it seem fair I’ll give some of it to the economy and the rest to myself
@ucrain4971 Жыл бұрын
@@kaixiang5390 they also too busy sending money to ukraine and giving illegals more aid than actual citizens... but yeah, they want their cut for the people..
@debraburke3018 Жыл бұрын
Lots of times the government promises to do things with your money (like roads) and don't fix or use the money for what it was intended and spends it inthings you didn't ask for or vote on.
@CrittingOut Жыл бұрын
@@MemeMan_MEMESQUAD Then move somewhere else.
@Squidgawddd96 11 ай бұрын
taco sweater 🌮 top tier my boy
@ellensoucek1914 7 ай бұрын
His deal on Shark Tank was my absolute favorite.
@anonprada203 Жыл бұрын
I wonder if a politician would pay those taxes if they were in a similar situation…
@indifferentadvocate1737 Жыл бұрын
You don’t have a choice.
@pistolaycorazon 10 ай бұрын
I can think of one of the top of my head, real estate mogul/politician, that doesn't pay much at all.
@AtlantaPrin Жыл бұрын
I wrote a check for a billion dollars... #LifeGoals
@Stella1055. Жыл бұрын
Not a single chain in that building
@Jame-ej8mc 10 ай бұрын
White people have class
@davidjennings9907 Жыл бұрын
I always dug this dude plus his product was awesome too ❤it
@oscarq180sx 11 ай бұрын
Another man making it hard for us native Texans
@JuanRamosNCWrestling Жыл бұрын
They love our policies, but hate our policies.
@falcons655 Жыл бұрын
Anytime you hear someone say “Tax the rich” or “Rich people need to pay their fair share”… send them this video.
@zach3096 11 ай бұрын
Hey falcons655, I hate to be the bringer of bad news but you’re not a billionaire or even a millionaire. You’re a working class peasant like the rest of us, no, you’re not “down in your luck” but “will be rich” I repeat you are NOT wealthy and WILL NOT be wealthy. That’s okay! Not everybody has to be wealthy, you need to learn to live with being okay with that.
@hennessy100k 11 ай бұрын
@@zach3096He never once claimed in his comment to be or want to be wealthy bud
@falcons655 11 ай бұрын
@@zach3096 Why do you sound so condescending and definitive? Your comment reeks of insecurity.. You have no idea who I am or know anything about me; I know nothing about you either. I would be careful making generalities and vague assumptions of people online you’ve never met. Wishing you success, cheers.
@Alright70 11 ай бұрын
He seemed damn happy to do it especially in a country with so much opportunity.
@KindaBigDil 11 ай бұрын
When ppl say that they aren’t talking about regular rich ppl their talking about the ppl in charge
@jazzprince4447 11 ай бұрын
Still got like $4 Billy out the deal.
@rodneymacli-ing4074 Жыл бұрын
he's the kinda guy that can tell the police he pays their salary💀💀
@masonfarnsworth1801 Жыл бұрын
Cap gains go to the federal government not the state. Cops are paid by the state/county. He can say he helped pay for the army tho.
@allywilkeforsenate 11 ай бұрын
The IRS must be abolished.
@hadriangonzalez607 11 ай бұрын
How would public roads and public projects get completed?
@andresquispe1834 11 ай бұрын
@@hadriangonzalez607how do you think ?
@hadriangonzalez607 11 ай бұрын
@@andresquispe1834 well if you abolish the governments branch of tax collection you would open up those markets to private companies... So toll roads, and private companies without government oversight would reign supreme.
@DCT97 11 ай бұрын
@@hadriangonzalez607what’s wrong with paying a private or family owned construction company to build something? Or pave a highway/public road? Why does the government need to be involved. There’s nothing wrong with going straight to the source AKA a small time construction company/concrete company etc. for your work
@hadriangonzalez607 11 ай бұрын
@@DCT97 because you don't even have to go that far back to see the dangerous of a laissez faire approach to business. Not to mention that what's stopping this small family from creating a vast network of tolls.. Government needs funding, but it needs proper oversight as well.. No one solution is the best, i just find some comments here alarming. They really show how little they understand their government and the history behind the political reform that helped curb illegal business dealings.
@flipjunior8707 11 ай бұрын
You create something, sell it, and the government gets about half the sale …. After probably paying taxes every year having the company and we’re still trillions in debt smh
@guywilliams3108 11 ай бұрын
You can donate anything you want to charity but it still doesn't make it right when it's stolen money
@takenusername 11 ай бұрын
Owing the government $1 billion on its surface seems like a terrible thing. In reality, that’s the kind of first world problem I need
@TeBiDoWil Жыл бұрын
His son was a client and of mine and was super nice as well. One of those bigger than life type of guys. Generous as well.
@donsan1 9 ай бұрын
He should have given a total of a billion dollars to many non profit organizations and write off that tax bill.
@Qtlgmlmm 10 ай бұрын
This is the founder of Paul Mitchell too! The hair stuff schools and salons, legend.
@EWIK_-hg4ln 11 ай бұрын
Found the only billionaire that pays taxes
@WaffleStomper69 4 ай бұрын
That's nonsense
@TURTLEORIGINAL Жыл бұрын
I think I’d be glad to have 4 million dollars.
@spamcheck9431 Жыл бұрын
And that my friends is why ear and vision doctors exists.
@frydayeveryday Жыл бұрын
I'd be happy to have 4 dollars tf. I'm broke as hell and just got paid last week
@trillzanewrld 11 ай бұрын
Four shoot just give me half a million yyt5555rsd55t55555t
@calj01 10 ай бұрын
It’s worth every bit of that. I only drink Patron if I drink tequila. The gold is so smooth that I only have salt with it. Don’t need no lime
@WALDENSOFTWARE 11 ай бұрын
So we should be good now. Enough funds everywhere and for everything! 🎉🎆🎇✨
@elberggalarga8909 Жыл бұрын
ThE RiCH dOn't pAy TheiR FaiR shARe.
@cooladam9930 Жыл бұрын
They should have taxed him 4 billion at least
@MAC... Жыл бұрын
@@cooladam9930 Do you think him putting money into charities is more or less efficient than government spending the money?
@youriigar6028 Жыл бұрын
Yeah rich asholes like Elon
@sevensages5279 Жыл бұрын
@MAC... don't assume all charities are efficient with their money and that all govt spending is not efficient
@elberggalarga8909 Жыл бұрын
@@cooladam9930 why?
@rotteneggconcept 10 ай бұрын
Just a reminder to everyone, there's nothing wrong with paying taxes to your government, it's called being a responsible citizen.
@seanhazelwood3311 10 ай бұрын
As if we have a choice, lol.
@danielstehura9657 Жыл бұрын
He has a Cool Yacht that he bought for nothing then made it 100% better that new! Classics have more class!
@yeomzy Жыл бұрын
This guy is such a good guy helps alottttttt of people ❤
@AJ31CO 11 ай бұрын
Governments gotta get their money from your hard work. We need a reset
@Liamo2424 11 ай бұрын
Capital gains tax maxes out at 20%. You and I both probably pay more than that on our income. And I make like 25k/yr lol
@Alright70 11 ай бұрын
I love when billionaires don’t cry about taxes. Refreshing and Congrats!
@evanpimental 10 ай бұрын
Funny that you're the first person I read to flat out tell the man "Congratulations" The song in the background is called.... Congratulations by Mac Miller. RIP its one of my favorites.
@hootertexas9711 11 ай бұрын
That’s awesome! I’m happy for him. That’s the ultimate cash out!
@skleenis 11 ай бұрын
i find it pretty cool how every mention ive heard of him is positive
@DeltaElites 11 ай бұрын
Keep in mind, that's only 20% in tax. I have a higher percentage taken out of my weekly pay.
@seanhazelwood3311 10 ай бұрын
Yet you used more of the social services that taxes pay for then he ever did.
@Kyle-yo4yy Жыл бұрын
He paid less than 20% on taxes
@tedkaczynskiamericanhero3916 Жыл бұрын
Yeah that's "less than" 20% way too fucking much.
@AppleTech90 Жыл бұрын
Your math is wrong, try again. He didn’t get all that $5 billion, he only owned 70% of the company as he mentioned
@dudeman5300 Жыл бұрын
no he didn't, you clearly don't understand how capital gains works or is calculated.
@rawnwild Жыл бұрын
I found it amazing how these guys still go on doing other ventures. After earning even a billion dollars, you’re set your entire life and will never be able to spend it no matter how hard you try.
@Zaltic 11 ай бұрын
"tAx tHe riCh!"
@Monkey-biz 11 ай бұрын
iD!0t
@bigboner23 11 ай бұрын
Why not
@faizanhassan9179 11 ай бұрын
And we still can't fix our roads while paying taxes on everything...
@MAKEBRITAINGREATAGAIN003 9 ай бұрын
It’s amazing how you have to write a check to a private bank hey lol
@cpculture4641 Жыл бұрын
Bruh should of moved to PR and get a 0% tax bill
@ovs4744 Жыл бұрын
PR ?
@cashmorrisonsuper3068 Жыл бұрын
Puerto Rico.
@miamitten1123 Жыл бұрын
....and get murdered
@fxbrianh Жыл бұрын
The company would have needed to be based in Puerto Rico, it’s not that simple 😂
@cpculture4641 Жыл бұрын
@@fxbrianh create a parent company or a trust that’s linked to the current LLC.
@dawurzelsepp1473 11 ай бұрын
How can you be that clueless with taxes. The best is his look, after he said it, haha 😂😂
@Rjisawake 11 ай бұрын
The government like betttt we paid lol
@jackiepounds7415 11 ай бұрын
crazy how at that level of $$ giving a B away is almost like giving up literally nothing. 4B still more than anyone can use in this life 😭
@BudsterB 11 ай бұрын
The background music is making me believe this guy is the most wholesome man to ever live 😂
@nautaki 11 ай бұрын
Love Patron, had no idea, came across the video randomly.
@PatrickPierceBateman 5 ай бұрын
Everyone is talking about the government wasting our money, but nobody's talking about a 900 billion dollar military budget? Fifty percent of every tax dollar goes to our bloated military. If you want less taxes then start advocating for a smaller military.
@mustafahajj 11 ай бұрын
Then, purchased several acres of land in Oakbrook, IL
@SurferBoye3000 11 ай бұрын
What a great problem to have! 😂
@maanast 11 ай бұрын
Good to pay your dues and probably(I hope) the money will help anyone in need
@elj1678 11 ай бұрын
Haha “Mexican tequila” my ass 😂
@ChaosGod33 Жыл бұрын
You can see Kevin Oleary looking goofy af at the end
@Stewieboy1995 11 ай бұрын
This guy always seems like a super nice guy and so humble. I thought years ago at first oh he’s probably a rich snob. No he’s a good man and nice fella. Just nice to see
@anthonypena8439 11 ай бұрын
If my wife called the police saying that i take 10-30% of her check or ill lock her in a room that would make national headlines
@seancannon6622 11 ай бұрын
Burning agave farms to produce corn for ethanol is one of the biggest power moves of all time
@gavinmartin4109 11 ай бұрын
My man bought half a B-2
@patrickbaginski Жыл бұрын
Such a good episode
@donator90 11 ай бұрын
I remember watching Raw when he debuted against Umaga and won the IC title. Total surprise.
@skycaptain95 10 ай бұрын
Ill try to remember that next time i sell a business for $5 billion
@javiermartinezjr8849 11 ай бұрын
Dtown tx approves this mssg
@joepeters2227 11 ай бұрын
JPD is a good guy. He funds lots a good causes to improve our world!
@forwardmovement9031 11 ай бұрын
It’s sad how they tax you for being great and you have no say in what your taxes are allocated to. You get taxed to work taxed to buy and taxed to own…wtf 🤦🏽♂️
@rob1tanguay 11 ай бұрын
Congratulations my friend live your life....
@rheaa1400 9 ай бұрын
He always impressed me as a genuinely good person.
@joshuaescalante6800 11 ай бұрын
Government taxes is a joke. That 1B was a drop in the bucket just for our Defense Spending its atrocious.
@christhompson5739 9 ай бұрын
The tax number is big but the tax percentage rate is low compared to essential workers.
@sammedina2011 10 ай бұрын
He paid his fair share and didn’t cry about it. I like him.
@Rflows100 10 ай бұрын
Fair share? Yall truly live on communist ideals. Go and see how your taxes are allocated. Dont fall for this 'hes doing it, so will I' type mentality. Thats herd behaviour, or hive mind. Think carefully if what is being spent is approved by you the citizen. Cuz if even one thing isnt then you are being scammed into supporting your own demise, especially if you are large contributor. Only fools cheer on their own demise, fools who are in essence all those who reject the King of all kings, Yeshua
@user-xe9ph4io7y 11 ай бұрын
He looks like he would own Patron lol
@midnightfun1277 10 ай бұрын
I dont even care if he gives to charity the fact that he didnt use the system to not pay taxes makes him a good person for me and deserves all that success.
@Dr.Jacuzzi 11 ай бұрын
He is intelligent. The first thing he did was contact his financial advisor to avoid paying the taxes.
@Cozynests 11 ай бұрын
First thing I’m doing - buying lifetime fly passes for me and a friend let’s gooo
@minttrax 11 ай бұрын
Is this why they stooped making cafe patron XO? cuz honestly that broke a million hearts that move 😢
@TheMandinotan 10 ай бұрын
This guy was on Tim Ferriss' show. Bro was homeless, then went into hairstyling, sold it and went into Patron, and then sold it. Cool chap
@jefferysmom696 11 ай бұрын
I find it hard to believe that there is not a work around on that
@SENSUI347 11 ай бұрын
AWWW HE ONLY TOOK HOME 4 BILLIONS...😢
@TheMIEProject 10 ай бұрын
Can you give me 20% of your income this year? Anh keep 80%? 80% is a lot of money too bro!
@breauxlee8421 9 ай бұрын
2.8 billion actually. He only owned 70% of the company so he only got 70% of the sale then subtract the 700 million he owed in Taxes
@TRUTH66ULTRA66 10 ай бұрын
Plantation Mix...enjoy Blackie Buck
@swole2264 11 ай бұрын
That’s disgusting paying that much to the government
@joshwalton4538 Жыл бұрын
Original tune but lifted from Mac Miller 🤔🙄
@TisCow 11 ай бұрын
He went from a starring role in X-Men to selling a liquor company for $5 billion, what can't this man do?!?
@BigTye369 11 ай бұрын
That’s a tax problem I wish I had🤷🏿♂️
@thabomashavha3970 10 ай бұрын
His "little celebration" is my dream
@bryanf6638 10 ай бұрын
I didn't know Chuck Norris owned Patron! 😂
Nikita Zdradovskiy
Рет қаралды 6 МЛН