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Benzinga
Benzinga
Business
Ananya Gairola

Bernie Sanders Slams Jeff Bezos' Lavish Wedding Plans, Demands 'End' To Oligarchy: Amazon Founder Pays 1.1% Tax, Takes $500 Million Yacht To Venice While Kids Go Hungry

Jeff Bezos Bernie Sanders Amazon Venice Amazon.com Inc. Nasdaq Inequality
Philadelphia,,Pa, - ,Usa,-,July,15,,2019:,2020,Presidential

On Tuesday, Senator Bernie Sanders (I-Vt.) called out billionaire and Amazon.com, Inc. (NASDAQ:AMZN) founder Jeff Bezos for extravagant spending amid widespread economic inequality in the U.S.

What Happened: Sanders took to X, formerly Twitter, and condemned Bezos' lavish wedding in Venice, a $500 million yacht and a $5 million engagement ring, citing his more than $230 billion net worth and an effective tax rate of just 1.1%.

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