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Posted on 8/1/20 at 10:38 pm to Street Hawk
imagine being able to donate 1.7 billion dollars
Posted on 8/1/20 at 10:39 pm to Street Hawk
No one should be that rich, and no one should be starving broke. Sorry
Posted on 8/1/20 at 10:40 pm to tigergirl10
And no one should have let you out of the kitchen.
Posted on 8/1/20 at 10:40 pm to jlovel7
quote:
Maybe better for money board. But could you even successfully liquidate that much stock at that price? At that volume would it crash the stock?
Maybe, maybe not, don't know, don't care. Cash it out, put it in other investments and sail my yacht around the world.
Posted on 8/1/20 at 10:41 pm to tigergirl10
quote:
No one should be that rich, and no one should be starving broke. Sorry
You can't believe in capitalism and also believe that. Some people will get extremely rich with the system we have. It's not perfect but it's better than any alternative.
Posted on 8/1/20 at 10:42 pm to Street Hawk
quote:
Scott, an author by trade, became a billionaire following her 2019 divorce from Amazon CEO Jeff Bezos.
This is completely false. She founded Amazon with Jeff Bezos and owned 50 percent of his assets prior to the divorce. She is actually worth less today than when she was married.
She was always worth just as much as Jeff Bezos. She’s not some gold digger who just came along. She was there before Day 1.
Posted on 8/1/20 at 10:44 pm to tigergirl10
quote:
No one should be that rich, and no one should be starving broke. Sorry
We agree, but once you limit the incentive to better yourself, you limit innovation and economic growth. At the end of the day, a free economy is the lesser of evils. The free market economy is responsible for the greatest wealth generation and smallest % of poor people in history.
Posted on 8/1/20 at 10:51 pm to PeteRose
quote:
that .8 is pretty deceptive since it equals to 800 million dollars
So Bill Lundbergh's stock can go up a quarter of a point.
Posted on 8/1/20 at 11:34 pm to Saint Alfonzo
Yep, and if she tried to sell it all, it wouldn’t be worth nearly $60b.
Posted on 8/2/20 at 6:17 am to Aristo
quote:
Take away that money and she's an OT 3 at best.
Call me crazy but I’d have a better life with $60 bil and an OT 3 with a nice body like she has then a broke arse 10.
$1 bil does a lot, $60 bil is an insane life.
Posted on 8/2/20 at 6:55 am to Saint Alfonzo
quote:
Maybe, maybe not, don't know, don't care. Cash it out, put it in other investments and sail my yacht around the world.
I don’t think she can
Believe that since she owns so much she can only dump so much
And when it happens she has to schedule ahead of time
If it were 60b worth of stock, probably months ahead, and that most likely wouldn’t be approved
She’ll sell off small chunks at at time (like couple hundred million worth here and there)
Which they all do yearly
This post was edited on 8/2/20 at 7:15 am
Posted on 8/2/20 at 7:34 am to jlovel7
quote:
That same increased net worth though could be gone tomorrow. It isn’t liquid cash
Or it could increase. And it’s fairly liquid. She could sell it this week.
ETA: She could sell portions of it this week. It might take years to sell all of that without disrupting the share price.
This post was edited on 8/2/20 at 7:51 am
Posted on 8/2/20 at 7:47 am to tigergirl10
quote:
No one should be that rich
I understand your feelings, but you have not thought through the consequences. If no one was allowed to be that rich, there would be no Amazon; there would be no internet, or computers or iphones. China and India would just be exotic places of rumors and mystery because the East India Company would never have existed. You would be washing clothes on a washboard in a river; and I would be plowing with oxen.
The left constantly wants to limit wealth by taxing productivity. What you tax you will have less of. It is not a good idea to discourage productivity. IMO, we should allow great producers to become fabulously rich. Their wealth is a drop in the bucket compared to our national wealth. I would like to see increases on inheritance taxes. What purpose does it serve that Jeff Bezos’ undeserving heirs should be filthy rich?
Posted on 8/2/20 at 8:51 am to nugget
quote:
I feel like he could have bought a lot better pussy for $60,800,000,000.00
Ain't no pussy worth that.
Posted on 8/2/20 at 8:55 am to terriblegreen
The fact she is a multi billionaire does make her more attractive 
that’s how things work, she looks nice and slim, maybe should buy some boobs
that’s how things work, she looks nice and slim, maybe should buy some boobs Posted on 8/2/20 at 8:58 am to terriblegreen
quote:
Ain't no pussy worth that.
If she was there at the beginning and helped build it, she deserves her share
Posted on 8/2/20 at 8:59 am to jb4
I’d hook it up fo sho. But I’m not a billionaire either.
Posted on 8/2/20 at 9:51 am to Penrod
quote:
It might take years to sell all of that without disrupting the share price.
$15B of AMZN stock trades hands in a day. It could be liquidated over several weeks without serious consequences.
Posted on 8/2/20 at 10:08 am to tigergirl10
quote:
no one should be starving broke
Not allowing people to fail is part of the problem with modern culture.
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