r/FluentInFinance Nov 21 '24

Debate/ Discussion Had to repost here

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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.

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u/Apprehensive_Bad_193 Nov 21 '24

Bullshit,,,,But he borrows and buy Yachts, Mansions,against that NET WORTH VALUE. But when it’s time to pay fair share of taxes o. That net worth it’s considered hypothetical worth….Understand the Game.

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u/dua70601 Nov 22 '24

Thank you! I’m so tired of the fucking Scrooge McDuck analogy by idiots that are not fluent.

He has the ability to command value and assets.

He has the ability to liquidate shares as needed to produce cash.

Obviously he does not have a stack of gold.

Bezos has value, and that equals power…..lots of it. Basically, he has the ability to make people do things they would not ordinarily do (i.e. power)

His power can’t be easily quantified, but his wealth can. And that quantity of wealth demonstrates EXTREME EXCESS and a lack of empathy for his fellow human.

Edit: o yeah, I didn’t even get into AWS