It’s no secret to those in the industry that rich people from all over the world have been stashing trillions in opaque trusts that run from generation to generation, in perpetuity, and they don’t pay a dime of tax on any of it, ever. A lot of it is illegal money from cartels, terrorist organizations, deposed dictators who have emptied treasuries, ransomware players. Creditors can’t touch it, and the people whose money it really is can never recover it.”
