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Meanwhile Jeff Bezos sells another $2B in Amazon stock, brings weekly cashout total to $6B

https://www.msn.com/en-us/money/markets/jeff-bezos-sells-ove...

But the good news is Bezos will save over $600M in taxes on his stock sale thanks to Seattle-Miami move:

https://www.msn.com/en-us/money/realestate/jeff-bezos-will-s...

He'll be paying $1.7B on the sale in taxes federally. It looks like by moving from Washington State he's not paying those $0.6B to the state, though. If I'm understanding that article correctly.

At least he's paying taxes unlike the vast majority of tech billionaires who do buy borrow die.

Borrow to die only works with zirp. With higher rates it’s cheaper to pay taxes

As long as equity returns are higher than interest rates buy borrow die is effective. When youre a billionaire its not an effective way to not pay taxes ever, but its still extremely effective for delaying them. You get $26 million stepped up on death completely untaxed so buy borrow dying that much always makes sense.

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