KEYPOINTS • Jeff Bezos would owe $5.7 billion in taxes for 2020 under the Ultra-Millionaire Tax Act proposed by a group of Senate and House Democrats and independent Sen. Bernie Sanders on Monday. • The tax would be a 2% annual levy on wealth over $50 million and 3% on wealth over $1 billion. • Elon Musk would owe $4.6 billion in 2020 and would still have a fortune of over $148 billion at the end of the year. • Bill Gates would have to pay $3.6 billion for 2020,…
Tag: Bill Gates
Unless you’re Elon Musk, you shouldn’t be buying #Bitcoin – Bill Gates warns
According to the billionaire, bitcoin uses a lot of energy and causes trouble for investors who buy into it that may not have much money to spare.
RELIABLE SOURCE: Bill Gates chooses to remain neutral about crypto assets.
Bill Gates, popular tech billionaire and founder of the world’s most valuable software maker, Microsoft, recently revealed he is open-minded towards the world’s most popular crypto asset but does support the digitalization of fiat currencies as it would drive down the operational costs of managing paper money.
RELIABLE SOURCE: $8 billion lost in one day by top billionaires.
The top 5 billionaires on planet earth had an unimpressive showing at the most recent trading session. The top 5 billionaires most recent daily loss stood at $7.754 billion