Jeff Bezos has made 5 billion in the past 6 weeks

[D_Master81]

I've traditionally not been the guy to try and shame people over their income, but my god, on Nov 25 there were reports that he'd crossed 100 billion. Today he's the richest man ever at 105.1 billion. Think about that, he's almost made a billion dollars a week the past month and a half. I'm sure Amazon has really well paying jobs for all of their workers again, with health insurance, etc. so no big deal <sarcasm>

[Vinca]

1. A billion here, a billion there and pretty soon you're talking about real money.

It's hard to wrap your brain around. If I ever came into loot like that I'd be giving it away as fast as it came in. Lots of hungry people in this world.

[democratisphere]

2. With the transfer of wealth to the already wealthiest, the billionaires will

soon be trillionaires.

[shraby]

3. He has more than he can ever possible spend in a few lifetimes. Maybe he could designate a

percentage of what he makes from here on out to some good works.

[Orrex]

4. That's almost twice as much as I made in the past six weeks!

[MGKrebs]

5. I wonder how much the taxes are on that!

[D_Master81]

6. Depends...

Since its at the end of the year, I'm guessing he got an enormous amount in dividends and capital gains payouts, which if that is the case the top rate on those is 20%, or $1 billion if it was all from capital gains.

[unblock]

7. i would think this is mostly unrealized gain from amazon stock going up in value.

so he would not have any tax liability on that until he sells the stock.


of course he's also drawing salary and bonus and no doubt has other taxable income, and maybe he is selling a bit of amazon stock here and there, so he'd have to pay tax on that. but that's not the 5 billion we're talking about.

[ADX]

8. Good for him...

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[samnsara]

9. i am not surprised...my piddly investmenst went up 50,000$

..during that same time. But what goes up will come down.

[Kirk Lover]

10. He could set up his own country for cripes sake. n/t

[Roland99]

11. How much is income and liquid wealth vs Amazon stock?