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: Billionaires
Top five Nigerian billionaires, Dangote maintains leading position.
The combined wealth of Nigeria’s five richest men – $29.9 billion – could end extreme poverty in Nigeria according to a new report published by Oxfam.Dangote still leads the Africa’s billionaire pack, according to Forbes 2021 Africa’s billionaires’ ranking
List of top 7 countries with highest number of billionaires
The world has produced a lot of billionaires who are getting richer by the day and the United States is home to many of the world’s billionaires. Courtesy of Jagran Josh, Legit.ng brings you top seven countries with the highest number of billionaires.