Hidden Assets Quotes

Never let no one know how much dough you hold.

On a nationwide basis, I would guess that the various churches would have to pay annually an amount at least equal to the national debt. But it's impossible for me to make an exact estimate, because the churches hide their wealth in every way they can - deliberate falsification as to the value of property, registering it under phony names in order to obscure the fact that the Church owns the property.

A holding company is the people you give your money to while you're being searched.

Never walk away from failure. On the contrary, study it carefully and imaginatively for its hidden assets.

In financing growing companies, we always looked for human value that didn't appear on the balance sheet.

I have got gold secure all the time so income tax people will not be able to take the gold from my neck!

The IRGC's tentacles are well hidden in the Iranian economy, making the risk of becoming entangled with the organization an impossible-to-quantify possibility.

Some companies use off-balance-sheet partnerships to raise money or to buy assets without ever telling their shareholders in their financial statements.

The massive corruption common in so many developing countries would be quite impossible if Western countries did not provide convenient opportunities to ship ill-gotten funds out of the country. It wouldn't make much sense for a ruler to store in his basement large quantities of stolen cash in his own country's currency. A corrupt ruler wants to be able to keep this money safe and to be able to spend it. And for this, he needs to convert it into a Western currency and store it in a bank abroad, where it can also earn investment returns and be bequeathed to his heirs.

Furthermore, a large portion of the assets of leading Russian figures is mixed, meaning that it is not quite clear how to counter this development.

Rosneft, for instance, was mainly built upon capital stolen from [jailed oligarch Mikhail] Khodorkovsky's company, but the IPO was successful with many Western corporations investing in it. This means that it is extremely difficult to detect these assets in their pure form.

The press called me a billionaire, and my wife came up and said I must be squirreling money away.