Amazon CEO Jeff Bezos is winning.

Amazon’s stock closed at over $700 a share last week.

Bezos owns 17% of that stock. He has made $18billion in the last three months.

That is $8.3million an hour.

The average Amazon warehouse worker makes $13 an hour.

Bezos gets taxed at 20% on capital gains. Hourly workers in the US are taxed at a higher rate.

No wonder he is smiling. The US government effectively rewards those who win the lottery with healthy tax breaks, and penalises those who don’t.

 

 

Posted in: Infographic of the day, Opinion