Jeff Bezos will save over $600 million in taxes by moving to Miami
Jeff Bezos will save over $600 million in taxes by moving to Miami
www.cnbc.com Jeff Bezos will save over $600 million in taxes by moving to Miami
Bezos plans to unload 50 million shares of Amazon before Jan. 31, 2025. Posting those sales in Florida will save him millions.
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Oh good I was worried about his wealth poor fella
23 0 ReplyI hope he'll be okay. With $2 billion liquidated, his cash on hand is only the average lifetime earnings of 1,176 Americans.
Assuming the average American starts working at age 18 and stops working at 67, that's just 57,624 years' worth of American wages.
It's a shame he's considering exercising another $6 billion of his stock between now and the end of the year just to get by.
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