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Home › Business ›We did the math on Ken Griffin's pied-à-terre…

We did the math on Ken Griffin's pied-à-terre tax bill

· · 1 min read
  • The new levy is set to impact several well known billionaires, including Ken Griffin.
  • Here’s how much the Citadel CEO, who has found himself in Mayor Zohran Mamdani’s crosshairs, will owe.

While Griffin has come out against the tax and the mayor — “Mamdani has made it very clear, New York does not welcome success,” he said in May — Amazon cofounder Jeff Bezos was more open to the idea.

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“I think the pied-a-terre tax is a fine thing for New York to do,” Bezos told CNBC earlier this month.

It’s a good thing, too. Bezos, a Miami resident, owns at least five apartments inside 212 Fifth Avenue that he purchased for a total of more than $100 million, so he should be getting his checkbook ready.

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Nairavoice
Contributor at NairaVoice.com.ng