Ray Madoff
speaker
553 appearances
2 recordings
2 series
first heard Apr 2026
last heard 22 May
Ray Madoff’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in May 2026 with 1.
Appearances
And he has never made more than $100,000 in both salary and bonus combined.
Yes, and he even cuts it back a little bit to pay for the fact that he sometimes uses his office space for his personal investments.
So he charges himself for that and further reduces his salary.
Jeff Bezos has always kept his salary at $82,000, which has enabled him to claim the child tax credit, which he has done in the past.
And all the others are just dollar-a-year guys.
And so they take no salaries.
So they don't pay payroll taxes.
They don't pay income taxes.
They pay very minimum taxes on that side.
And so then why were they not taking taxes?
As you said, are they just being humble?
No.
What they are doing is they are counting on the growing value of their stocks.
All of these people own significant amounts of their companies.
And their stocks have appreciated extraordinarily in value.
So if you look just since 2023, many of them have seen stock growth between like $50 and $150 billion just in the past three years.
It's been extraordinary, that amount of growth.
Exactly.
And the key here is that they are using their stock and other assets as collateral for loans.
And they are able to get very favorable rates on their loans because they have so much wealth, right?
Showing 41–60 of 553 · page 3 of 28
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