Can Bezos pay his taxes before heading off to space?

What’s a midlife crisis without buying a posh car or dating someone half your age? But recently divorced billionaire Jeff Bezos is taking his midlife crisis to a whole other level: space! Bezos (57) plans to join the first crewed suborbital flight by Blue Origin, his own spaceflight company. Bezos invited his brother Mark to join him on his mission, which he hopes to launch on July 20. SA comedian Trevor Noah, as always, had something funny to say: “Now, if you ask me, I think space travel is a natural fit for the founder of Amazon… Think about it.

Astronauts are just workers who have to wear diapers because they don’t get bathroom breaks, so it makes total sense.” You can join Bezos if you want to; he’s auctioning off a seat to a winning bidder. But also know this: Bezos is among the richest men, alongside Michael Bloomberg, Elon Musk and Warren Buffet, who have taken advantage of loopholes in the American tax code, according to a ProPublica investigation that broke this week in the US. It was found that when their wealth increased they paid relatively little or close to nothing in federal income taxes between 2014 and 2018. Imagine being that rich but still finding ways to break the rules.

This article appeared as part of The Wrap, 10 June 2021. Sign up to receive our weekly updates