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In February 2024, Bezos sold $8.5 billion worth of Amazon stock, and an additional $25 million in March. The sale was completed in November for gross proceeds of an additional $5.1 billion.
Jeff Bezos gave himself a salary of just over $80,000 at Amazon, ... Bezos has periodically sold his stock in the company, ... ProPublica found that Bezos’ so-called "true tax rate" was 0.98% ...
Jeff Bezos sold Amazon shares worth $8.5 billion in multiple transactions this month. ... wealthy stock holders may be taking advantage of tax breaks implemented during the Trump administration ...
But in 2022, he hit pause on his stock sales when Washington state imposed a new 7% capital gains tax on sales of stocks or bonds of more than $250,000. After moving to Florida, Bezos took his ...
Bezos in 2010. In May 2016, Bezos sold slightly more than one million shares of his holdings in the company for $671 million, the largest sum he had ever raised from selling some of his Amazon stock. [67] On August 4, 2016, Bezos sold another million of his shares for $756.7 million. [68]
Although the capital gains tax didn't stop Bezos gifting—he offloaded $200 million in shares as donations at the end of last year—he hasn't simply sold stock for a number of years, until now.
A mobile billboard calling for higher taxes on the ultra-wealthy depicts an image of billionaire Jeff Bezos near the US Capitol on May 17, 2021, in Washington, D.C. (Photo by Drew Angerer/Getty ...
The latest sell-off brings his total cash-out this year to more than $7.2 billion.