Amazon founder Jeff Bezos reveals details of his salary
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3 months ago

Amazon founder Jeff Bezos reveals details of his salary

India Today  

Amazon founder Jeff Bezos, one of the world’s wealthiest individuals, recently revealed that despite his huge fortune, his annual salary at the company remained fixed at $80,000 for many years. Bezos' approach to keeping a low salary had some big financial implications, particularly when it came to taxes. This practice of earning little in official salary while benefiting primarily from stock ownership is not uncommon among billionaires, and it often results in lower tax obligations. However, Bezos defended his stance, explaining that his wealth from Amazon stock already provided him with more than enough incentive.

History of this topic

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