▲ 380 ▼ Jeff Bezos will save over $600 million in taxes by moving to Miami (www.cnbc.com) submitted 2 years ago by return2ozma@lemmy.world to c/news@lemmy.world 133 comments fedilink hide all child comments
[+] morrowind@lemmy.ml -10 points 2 years ago (4 children) He doesn't have a billion dollars in cash permalink fedilink source parent hideshow 8 child comments replies: [–] cbarrick@lemmy.world 15 points 2 years ago (1 child) His net worth is just under $200 billion. He could easily liquidate 1 billion of that to cash. permalink fedilink source parent hideshow 2 child comments replies: [–] ShepherdPie@midwest.social 13 points 2 years ago 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. permalink fedilink source parent [–] hrimfaxi_work@midwest.social 10 points 2 years ago* 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. permalink fedilink source parent [–] Tja@programming.dev 4 points 2 years ago This article is about selling $8B of shares... permalink fedilink source parent [–] squiblet@kbin.social 2 points 2 years ago He just sold $2 billion in Amazon shares. So yeah, he has over a billion dollars in cash. permalink fedilink source parent
[–] cbarrick@lemmy.world 15 points 2 years ago (1 child) His net worth is just under $200 billion. He could easily liquidate 1 billion of that to cash. permalink fedilink source parent hideshow 2 child comments replies: [–] ShepherdPie@midwest.social 13 points 2 years ago 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. permalink fedilink source parent
[–] ShepherdPie@midwest.social 13 points 2 years ago 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. permalink fedilink source parent
[–] hrimfaxi_work@midwest.social 10 points 2 years ago* 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. permalink fedilink source parent
[–] Tja@programming.dev 4 points 2 years ago This article is about selling $8B of shares... permalink fedilink source parent
[–] squiblet@kbin.social 2 points 2 years ago He just sold $2 billion in Amazon shares. So yeah, he has over a billion dollars in cash. permalink fedilink source parent