4/27/2023 0 Comments BezosThat’s in addition to his fancy Gulfstream private jet, which is reportedly worth $65 million.Īltogether, Forbes estimates that Bezos has paid $6 billion in federal capital gains taxes on his nearly $27 billion of Amazon share sales, assuming he didn’t use losses on other investments to offset those gains. He’s also spending upwards of $500 million on a 417-foot custom-built superyacht, according to Bloomberg, which will be the largest sailing yacht ever constructed in the Netherlands when it’s completed. Still, it’s unclear if he paid cash or has a mortgage on those properties. as well as a sprawling ranch in Texas, all of which are worth $504 million. Bezos also has homes in Washington state, New York and Washington D.C. (Property records list Perkins Cole, a law firm that frequently represents Amazon as the buyer). Earlier this year, Bezos bought the famed Warner estate in Beverly Hills for a record $165 million from mogul David Geffen, according to the Wall Street Journal. There are also luxuries only someone with billions at their disposal can afford. Bezos paid $250 million to purchase the Washington Post in 2013, which is still only a fraction of the $711 million worth of shares he sold that year. Venture firm Space Capital estimates that Bezos has poured $7.5 billion into Blue Origin since it was founded in 2000. In 2017, Bezos said he was selling about $1 billion of Amazon stock a year to invest in his commercial space company Blue Origin, which will take him and his brother, Mark, to space on its first crewed flight next month. So where has all that money gone, besides to his ex-wife and indirectly to the nonprofits she’s supported? We know where Bezos has spent some, but not all, of his billions. When the billionaire got divorced in 2019, he transferred 19.7 million Amazon shares-a quarter of his stake that was then worth $36 billion, to ex-wife Mackenzie Scott. In all, Bezos’s Amazon stake has dwindled from 42% in 1997 to 10% after his sales this year, though the single biggest hit to his ownership didn’t come from unloading shares.
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