Jeff Bezos bought the most expensive property in LA with an eighth of a percent of his net worth
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The Wall Street Journal
Amazon
the Warner Estate
Bezos
The Warner Estate
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Amazon Web Services
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houseAccording
Jeff Bezos
David Geffen
Jack Warner
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747
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Los Angeles
Beverly Hills
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America
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Summary
It is probably important to note here that Amazon paid zero dollars in federal income tax on $11 billion in before-tax profit in 2018; this year, it will pay out $162 million on $13.3 billion in profit — a whopping 0.012 percent effective tax rate.America has historically been ruled by men like this, who own corporations and utilities — Amazon Web Services, for example, is what a large portion of the web runs on — and that’s why you’ve probably paid more of your income in tax than Jeff Bezos ever has.
As said here by Bijan Stephen