And? My point is the real money he got from Amazon that can actually be taxed is not the same as his estimated net worth.
Bezos doesn't have a checking account with billions sitting in it. His wealth is in the unrealized gains on non-liquid assets. It's imaginary money until it's used as collateral for loans, at which point it should be taxed as a realized gain.
And? My point is the real money he got from Amazon that can actually be taxed is not the same as his estimated net worth.
Bezos doesn't have a checking account with billions sitting in it. His wealth is in the unrealized gains on non-liquid assets. It's imaginary money until it's used as collateral for loans, at which point it should be taxed as a realized gain.