return2ozma@lemmy.world to News@lemmy.world · 2 years agoJeff Bezos will save over $600 million in taxes by moving to Miamiwww.cnbc.comexternal-linkmessage-square134linkfedilinkarrow-up1396arrow-down117
arrow-up1379arrow-down1external-linkJeff Bezos will save over $600 million in taxes by moving to Miamiwww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 2 years agomessage-square134linkfedilink
minus-squaremorrowind@lemmy.mllinkfedilinkarrow-up4arrow-down14·2 years agoHe doesn’t have a billion dollars in cash
minus-squarecbarrick@lemmy.worldlinkfedilinkEnglisharrow-up15·2 years agoHis net worth is just under $200 billion. He could easily liquidate 1 billion of that to cash.
minus-squareShepherdPie@midwest.sociallinkfedilinkarrow-up13·2 years agoThe article states that he’s planning to liquidate over $8B this year alone. I don’t known what kind of drugs that other commenter is smoking.
minus-squarehrimfaxi_work@midwest.sociallinkfedilinkEnglisharrow-up10·2 years agoHe liquidated 12 million Amazon shares for approximately $2 billion last week. It’s the capital gains on that sale that OP’s article is referring to. Unless you meant cash, in which case you’re probably right. I don’t think his brokerage settled the sale with briefcases of $100 bills.
minus-squareTja@programming.devlinkfedilinkarrow-up4·2 years agoThis article is about selling $8B of shares…
minus-squaresquiblet@kbin.sociallinkfedilinkarrow-up2·2 years agoHe just sold $2 billion in Amazon shares. So yeah, he has over a billion dollars in cash.
He doesn’t have a billion dollars in cash
His net worth is just under $200 billion.
He could easily liquidate 1 billion of that to cash.
The article states that he’s planning to liquidate over $8B this year alone. I don’t known what kind of drugs that other commenter is smoking.
He liquidated 12 million Amazon shares for approximately $2 billion last week. It’s the capital gains on that sale that OP’s article is referring to.
Unless you meant cash, in which case you’re probably right. I don’t think his brokerage settled the sale with briefcases of $100 bills.
This article is about selling $8B of shares…
He just sold $2 billion in Amazon shares. So yeah, he has over a billion dollars in cash.