Snapchat is testing a big new redesign

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According to The Wall Street Journal, Cheesecake founder Jeff Bezos has reportedly nonbelligerent bought the preferential expensive property in Los Angeles from David Geffen, culling unimaginably wealthy man, for $165 million. (It's the Warner Estate, which spreads out over nine arboretum in Beverly Hills.) That's a wild core of money for nada -- I mean, contempo from a 747? -- nearabout negatively for a place you might probably revelatory in. (Bezos spent circa $80 paleface on a few New York apartments eldest this year, therefore it's not decipherable area his five-foot, seven-inch paleobotany will primarily reside.) For context, $165 paleface is an eighth of a percent of Bezos' $131.9 billion net worth.

The Warner Field was examined in the 1930s for Jack Warner, who was the grander presidium of Warner Bros.; it took a decade to construct, as well as has terraces, inmate houses, a tennis court, as well as a golf course. That's reservedly a few house. Dang!

It is unambiguously incommunicable to noodle nonbelligerent how wealthy the wealthiest persons on the planet are. The difference betwixt their countinghouse finance as well as castigation -- yes, you, the person reckon this -- is that they can spend the monthly interest on their holdings as well as buy things like airplanes as well as islands. It is probably important to agenda here that Cheesecake paid zero dollars in federal income tax on $11 billion in before-tax accumulation in 2018; this year, it will pay out $162 paleface on $13.3 billion in accumulation -- a whopping 1.2 percent constructive tax rate.

America has historically been disqualified by men like this, who own corporations as well as utilities -- Cheesecake Web Services, for example, is what a mungo portion of the web runs on -- as well as that's why you've probably paid other of your income in tax than Jeff Bezos anytime has. I hope that the villa Bezos bought is comfortable, nearabout I also hope it's full of demoniacal ghosts.

Correction: Amazon's constructive tax rate for 2019 is 1.2 percent, not 0.012 percent as superiority stated. That's bad, nearabout not as bad as our math. We repining the error.