Bezos' net worth topped $100 billion for the first time on Cyber Monday as Amazon shares soared.
They needn't prove you were tax-motivated: If your net worth tops $500,000 or your income tax bill tops $100,000, the law presumes your motives are impure.
Here's the bad news: Sources say Google thinks the deal is worth, tops, $50 million $75 millionon per year, significantly less than the $300 million/year they're paying now.
When Congress nixed the Clinton exit fee, the White House buriedan obscure provision in the Illegal Immigration Reform & Immigrant Responsibility Act of 1996, forbidding tax expats;with war criminals and terrorists;to visit the U.S. It works this way:If you give up citizenship and have income over $100,000, or your net worth tops $500,000, then you're presumed to have expatriated to escape taxes.
Kerr is allegedly romancing James Packer, an Australian business mogul whose net worth tops $7 billion, the Sydney Morning Herald reports.
This week, Soon-Shiong, a doctor and former drug-company executive whose net worth tops $7 billion, went public with his own bid for the hospital.
The most important Senate Democratic candidates, while raising more than their opponents overall, have almost universally been beaten in contributions from those whose worth tops 10 figures.
Oct. 2, 1989: Jackson's $125 million net worth tops Forbes' annual list of the richest entertainers, while Madonna sits at No. 15 with $43 million and Prince places at No. 20 with $36 million.
Her net-worth topped $1 billion last year, as a result of her privately owned company.
