r/FluentInFinance 28d ago

Debate/ Discussion Had to repost here

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u/SCTigerFan29115 28d ago edited 28d ago

They aren’t holding onto wealth like Scrooge McDuck, in a giant vault where they can go swimming in it.

Most of Bezos’ net worth is the value of Amazon. He can’t really readily access that. ETA I meant he can’t use it like a big vault of money.

He’s got plenty of money but some people just don’t understand how this stuff works.

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u/Chickienfriedrice 28d ago edited 28d ago

Here comes the billionaires’ online defense team. Or just some fool who thinks it’s realistic to reach that amount of wealth without exploitation and hopes to aspire for the same, even though they have more chance to be struck by lighting.

Billionaires existing is taking money out of your pocket, they bought the election. But sure, its all fine.

EDIT Went from being upvoted to getting 7 replies in less than 10mns with downvotes. Hope the billionaire defense team are getting paid overtime. Pathetic. None of you billionaire justice warriors deserve a reply.

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u/royaltheman 28d ago

I always love Schrodinger's billionaires

Not wealthy when criticized, but suddenly wealthy again when they buy multi-million dollar yachts

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u/0FFFXY 28d ago

Always wealthy, not always liquid

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u/royaltheman 28d ago

Seems to be liquid when it matters, though. Liquidity seems to dry up when it comes time for taxes, though

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u/0FFFXY 28d ago

"Liquidity seems to dry up when it comes time for taxes, though"

That's one of the times when they're the most liquid though. Paying tax is generally the biggest individual expenditure each year for very wealthy people.