@return2ozma@lemmy.world to News@lemmy.world • 1 year agoJeff Bezos will save over $600 million in taxes by moving to Miamiwww.cnbc.comexternal-linkmessage-square126fedilinkarrow-up1379arrow-down116
arrow-up1363arrow-down1external-linkJeff Bezos will save over $600 million in taxes by moving to Miamiwww.cnbc.com@return2ozma@lemmy.world to News@lemmy.world • 1 year agomessage-square126fedilink
minus-square@Daqu@lemm.eelinkfedilink84•1 year agoIf I had 200 dollars and someone would offer me 60 cents for moving to Miami, I would not move.
minus-square𝕱𝖎𝖗𝖊𝖜𝖎𝖙𝖈𝖍linkfedilink34•1 year agoIf someone offered me $600M to move to Miami, I would offer someone $300M to move to Miami and pocket the rest
minus-squareFuglyDucklinkfedilinkEnglish7•1 year agoHow long do I have to stay? I can buy someplace, lock the door and just be a shut in for a while.
minus-squaresquibletlinkfedilink4•1 year agoI hear Miami is a pretty fun town to live in, but I haven’t been there since I was 6 so I have no idea. I don’t expect to ever visit given it’s in Florida.
minus-square@cbarrick@lemmy.worldlinkfedilinkEnglish15•1 year agoHis net worth is just under $200 billion. He could easily liquidate 1 billion of that to cash.
minus-square@ShepherdPie@midwest.sociallinkfedilink12•1 year 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_worklinkfedilinkEnglish10•edit-21 year 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-squaresquibletlinkfedilink2•1 year agoHe just sold $2 billion in Amazon shares. So yeah, he has over a billion dollars in cash.
If I had 200 dollars and someone would offer me 60 cents for moving to Miami, I would not move.
If someone offered me $600M to move to Miami, I would offer someone $300M to move to Miami and pocket the rest
How long do I have to stay? I can buy someplace, lock the door and just be a shut in for a while.
I hear Miami is a pretty fun town to live in, but I haven’t been there since I was 6 so I have no idea. I don’t expect to ever visit given it’s in Florida.
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.