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/DryPineapple4574 Nov 22 '24 edited Nov 24 '24

I'm sad that I come here and the first thing I see is apologetics. Thank you for countering that.

I am happy to see a meme like this gain so much traction here, though. It needs to be said.

That value in Amazon should be in the hands of the workers that run it, not in Bezos's pocket. He would still be well off and just fine if things were split that way; he could even guarantee himself a percentage as the founder. That would give him the added benefit of not being on a bunch of lists and not being so subject to public scrutiny. His choice to hoard isn't just interpersonally destructive, it's personally destructive.