return2ozma@lemmy.world to News@lemmy.world · 9 months agoJeff Bezos will save over $600 million in taxes by moving to Miamiwww.cnbc.comexternal-linkmessage-square134fedilinkarrow-up1399arrow-down115
arrow-up1384arrow-down1external-linkJeff Bezos will save over $600 million in taxes by moving to Miamiwww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 9 months agomessage-square134fedilink
minus-squareDaqu@lemm.eelinkfedilinkarrow-up87arrow-down2·9 months agoIf I had 200 dollars and someone would offer me 60 cents for moving to Miami, I would not move.
minus-square𝕱𝖎𝖗𝖊𝖜𝖎𝖙𝖈𝖍@lemmy.worldlinkfedilinkarrow-up37arrow-down2·9 months agoIf someone offered me $600M to move to Miami, I would offer someone $300M to move to Miami and pocket the rest
minus-squareFuglyDuck@lemmy.worldlinkfedilinkEnglisharrow-up8arrow-down1·9 months agoHow long do I have to stay? I can buy someplace, lock the door and just be a shut in for a while.
minus-squaresquiblet@kbin.sociallinkfedilinkarrow-up5arrow-down1·9 months 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-squaremorrowind@lemmy.mllinkfedilinkarrow-up4arrow-down14·9 months agoHe doesn’t have a billion dollars in cash
minus-squarecbarrick@lemmy.worldlinkfedilinkEnglisharrow-up15·9 months agoHis net worth is just under $200 billion. He could easily liquidate 1 billion of that to cash.
minus-squareShepherdPie@midwest.sociallinkfedilinkarrow-up13·9 months 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·edit-29 months 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-squaresquiblet@kbin.sociallinkfedilinkarrow-up2·9 months 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.
Spock?
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.