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This billionaire lived six months a year on his 233-foot superyacht to avoid paying land taxes

Source: Times of India
Category: Technology
Region: General
Published: July 15, 2026 at 18:31

πŸ“ Summary

Innovative Microsoft engineer Charles Simonyi cleverly leveraged a bespoke superyacht to sidestep local taxation and stringent construction regulations. This mobile abode enabled him to traverse the globe while circumventing substantial property tax liabilities. His forward-thinking strategy predates ongoing discussions surrounding wealth taxation in high-levy regions. A trailblazer in digital technology and space tourism, he eventually acquired an even grander superyacht to enhance his aquatic adventures.

πŸ”— Read Full Article at Times of India ✨ Extract Article
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superyacht taxation billionaire lived months year foot avoid paying

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