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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsLOL. Bezos cashes in $1.8 billion in stock, pays paltry 22% tax
Jeff Bezos Cashes in $1.8 Billion of Amazon Stock, Will Keep $1.4 Billion After Taxes
Jeff Bezos, the founder of Amazon and the worlds richest person, has cashed in $1.8 billion worth of Amazon shares, according to filings with the Securities and Exchange Commission submitted last night. Bezos will keep an estimated $1.4 billion from the sale after taxes, based on calculations by Forbes magazine.
The $1.8 billion coincidentally matches the amount of money Bezos made back in September of 2018 when Amazons market cap topped $1 trillion. As Forbes notes, this recent sale, which happened over the course of three days, is probably the Amazon CEOs largest stock sell-off to date. Bezos still has an estimated net worth of $115 billion after the sale.
https://gizmodo.com/jeff-bezos-cashes-in-1-8-billion-of-amazon-stock-will-1836875759
Stuart G
(38,436 posts)If a billion is a thousand millions...if that is true, the fellow Bezos, has a thousand millions..one hundred and fifteen times.. Is that correct? 115 billion is one thousand millions times 115.?
comradebillyboy
(10,154 posts)richest man on Earth. Pretty impressive going from selling books out of his garage to that kind of wealth and influence.
Boomerproud
(7,955 posts)Have a happy life and go buy an island Jeff. I know how Americans idolize people like him.
dalton99a
(81,516 posts)Hav
(5,969 posts)Certainly beats the rate Romney had in his tax returns by a mile and what I remember from some other candidates.
pecosbob
(7,541 posts)Get ready for forty percent capital gains taxes, assh*les. You'd better figure out a way to kill us all or we're coming for you Chuck. We're sharpening the guillotine.