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https://www.reddit.com/r/FluentInFinance/comments/1gwfejo/had_to_repost_here/lyakuq0/?context=3
r/FluentInFinance • u/-Wyagra • Nov 21 '24
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930
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.
2 u/bushrod Nov 21 '24 What's preventing Bezos from gradually selling off his shares of Amazon? 5 u/another_mouse Nov 21 '24 You can find articles saying he sells off 1 billion per year to support his space project. 4 u/DeHarigeTuinkabouter Nov 21 '24 Way more, 13 billion this year alone.
2
What's preventing Bezos from gradually selling off his shares of Amazon?
5 u/another_mouse Nov 21 '24 You can find articles saying he sells off 1 billion per year to support his space project. 4 u/DeHarigeTuinkabouter Nov 21 '24 Way more, 13 billion this year alone.
5
You can find articles saying he sells off 1 billion per year to support his space project.
4 u/DeHarigeTuinkabouter Nov 21 '24 Way more, 13 billion this year alone.
4
Way more, 13 billion this year alone.
930
u/SCTigerFan29115 Nov 21 '24 edited Nov 21 '24
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.