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It depends on how they paid themselves.
Most techfuckwits only get pain $1 a year as salary and the rest is made up with stock options or executive allowances. When they do cash out stock it will be taxes at a mixed rate because some will be sold as personal shares, others will be sold as part of a family trust and distributed in a way to minimise tax obligations.
They even get beyond that and almost never sell. Instead they open a loan against it.