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In 2007, and again in 2011, billionaire Amazon CEO Jeff Bezos reportedly paid nothing in federal income taxes.
That’s according to confidential tax documents filed with the Internal Revenue Service obtained by ProPublica, which were revealed in a bombshell new report on some of the world’s wealthiest people. Bezos is currently listed by Forbes as the richest person in the world, with a net worth of $188.8 billion.
Bezos avoided paying federal income taxes in those two years by losing more money investing than he earned from other income, according to the report. In both details ⇒
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