Not sure if you are following the IPOs, SPAC, PE, VC, HF sectors but today Bill Ackman (Pershing Square HF) donates $1.3B worth of Coupang stock to charity; He actually twitted about this.
"I was a very fortunate day one investor in @Coupang. As a result of its incredible success, 26.5m shares of its stock will benefit humanity as I gave all of the shares to
@PershingSqFdn, a DAF, and another non-profit. Thank you to Bom and the Coupang team on behalf of all of us!" IMO this is just legal tax "evasion"... Would love to see some similar examples/tricks or just hear your thoughts about this topic...
"I was a very fortunate day one investor in @Coupang. As a result of its incredible success, 26.5m shares of its stock will benefit humanity as I gave all of the shares to
@PershingSqFdn, a DAF, and another non-profit. Thank you to Bom and the Coupang team on behalf of all of us!" IMO this is just legal tax "evasion"... Would love to see some similar examples/tricks or just hear your thoughts about this topic...