[ornornor]

> his notional net worth increases (AMZN has never paid a dividend).

But that’s exactly the loophole: you can borrow for very cheap against this notional equity without incurring a cent in taxes (since divodends are never paid out)

[Breza]

It is worth pointing out that many executives cash out the old fashioned way: by selling stock. That includes Bezos.

https://www.secform4.com/insider-trading/1043298.htm