Subnostr

Jeff Bezos, Leon Black, Jamie Dimon, and the Walton family have now sold a combined $11 billion in company stock this month— some for the first time ever

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Do they know something we don’t?

https://fortune.com/2024/02/27/the-great-cashout-jeff-bezos-leon-black-jamie-dimon-and-the-walton-family-have-now-sold-a-combined-11-billion-in-company-stock-this-month-some-for-the-first-time-ever/

DefiantDandelion 1y ago

In the case of bezos he is avoiding a wealth tax in his home state. Moving to Florida, and funding the purchase of real estate in Florida.

https://www.businessinsider.com/jeff-bezos-miami-move-shows-challenges-taxing-rich-2024-2?op=1

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