[Pearls Before Swine]

He will have to pay an exit tax on his holdings, but it will be at Facebook's valuation now, not after the IPO.

Or so he hopes. The IRS is big on re-evaluations. I doubt he can miss the IPO by a week and get the bargain valuation. But, I read elsewhere he applied for this last year, before the IPO was imminent.

[GeronL]

This is the modern version of Going Galt I guess

[BlueLandRed]

It’s a exit tax... and it mark to market. An it’s not cheap.

Also, Singapore... mandated universal health care (tho’ I should be careful there... it seems very complicated) and strict gun control.

[hinckley buzzard]

2012, the age of the geek billionaire. Is this a great country or what.