Yes - and that's because they inherited a mindset.
People like that could change their name, lose all their contacts, and be thrown on the street with nothing and be millionaires within a year. It's not the money, it's the attitude.
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Steve Jobs Ranked as 42nd Richest American With Net Worth of $6.1 Billion
- Thread starter MacRumors
- Start date
- Sort by reaction score
Yes - and that's because they inherited a mindset.
People like that could change their name, lose all their contacts, and be thrown on the street with nothing and be millionaires within a year. It's not the money, it's the attitude.
I dont care what people thing of Bill. But hes and amazing guy. I mean thats almost half his money donated straight to charity.
its admirable.
Yes, steve designs good products for my daily life, but i dont like him one bit. Hes an arrogant fool. But thats my opinion
its admirable.
Yes, steve designs good products for my daily life, but i dont like him one bit. Hes an arrogant fool. But thats my opinion
In my statistics class we call that an evil graph, it is a graph that doesn't start at 0 so there is no way to correctly show the values listed on it. lol
Jobs is 42nd Richest American
I wonder what MY ranking is? Somewhere around 150 millionth richest I guess.
I wonder what MY ranking is? Somewhere around 150 millionth richest I guess.
I wonder what MY ranking is? Somewhere around 150 millionth richest I guess.
In the words of Larry the Cable guy
Now I don't care who you are that's funny
It's so much easier to argue when you make up the person you are arguing with and their argument and the supposed "facts".I don't see why giving should be public knowledge. It is a very personal decision on who you donate money to and if you want to keep it quiet I respect that.
What stupid pissing contest about who makes what amount of money.
Gets people riled up.
All I can say is , I don''t have any of it and it is none of my business to tell people what to do with their $$$.
People that don't like SJ claiming that he doesn't give to charity, he is arrogant etc.etc. don't know what he really does.
I prefer quiet donations and just giving without having to be cited or recognized as generous.
For the jealous types maybe this will help:
None of the people on the list will be able to take the money with them.
The last shirt usually has no pockets
Yeah, I'd like to hear what charities Jobs supports... Probably the charity of his own wallet.
And you know Jobs personally how? Amazing to me how some here judge those whom they know little or nothing about. So what charities do you support, and how much? And I hope you aren't trying to support your own wallet or financial standing in life.
Steve makes $1 a year like other CEO's to dodge income tax. Instead he receives "gifts" and instead pays the much lower capital gain on it. For example a few years ago Steve was "gifted" a private jet and a few years after a "gift" of a few million dollars. Its just a way too loophole taxes.
That makes no sense. Salary is not charged capital gains tax. And the "gift" claim would for the most part mean that Apple paid taxes on the money and jet rather than Jobs. Not really a loophole.
That's the point. Apple pays the gift tax so SJ doesn't have to pay income tax.
So if he was "given" several million dollars as a gift. He doesn't have to pay any taxes on it. So it is a loophole.
It's not a loophole. The taxes are paid. Why does it matter if Jobs pays them or Apple?
How nice of you to decide that his life is just so over. My wife's aunt is going on 15 years post-transplantion on a donated liver, no problems.
If Jobs was really a greedy ******* his net worth would be much more comparable to Bill Gates'.
It doesn't matter. But yes it is a loophole.
Working for a $1. Getting taxed on $1. Then getting a 'gift' of whatever millions so you don't have to pay over 60% taxes on it, is a loophole.
But doesn't make it wrong. If I could do it I would.
Apple paid the 60% (or whatever) taxes for him! They were paid. Where is the loophole? The government got the money that it was entitled to.
Evidence? By the way how much exactly have you given to charity over the last 10 years--please post your tax returns or other verification, because we all have a right to know, apparently.
Is there a central clearing house for the mandatory listing of charitable donations? Because you're not required to list them on your tax forms if you don't take the deduction, you know. Just want to know where you guys get this stuff.
No, gift taxes are much lower than income tax. Think it tops out to 45-50%??
Like I said doesn't matter to me, so calm down. But it is a loophole. You can say it isn't but it is. Because SJ didn't have to pay taxes on it, the shareholders of Apple did. Even the IRS recognizes that people use it to avoid income tax, so the gift tax kind of mirror's the estate tax for this purpose.
This is wrong. First, taking one dollar is not "dodging" income tax. Under federal law you do not have to pay the IRS one cent more than is required. Jobs pays on the stock options just like anyone else would. As far as gifts, you're only allowed to receive (in 2009) $13,000 in gifts from any one source, after which you pay tax on any such gifts at the regular income rate.
Any evidence that it was paid as gift tax? Articles at the time described the jet as a "bonus" that included the jet "plus all associated sales and income taxes that Jobs otherwise would have had to pay."
Read more: http://news.cnet.com/2100-1040-235835.html#ixzz10NfZArUu
There is NO loophole. You have to pay taxes on anything beyond the current maximum gift limit.