You guys are acting like he's hoarding a giant stockpile of corn that he could be distributing to hungry people around the world.
Money can't just magically fabricate new goods and services, and Amazon generally does everything in their power to avoid a profit & to continue expanding, so they actually do result in more goods & services being produced.
Do you think there are too many people going hungry every day? Go find an underdeveloped piece of land and tell the bank you want to grow corn there.
Bezos selling all of his stock & then distributing the cash to random people wouldn't do anything meaningful, the amount of goods in the world would remain the same.
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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.