It would be virtually impossible for even spending in the billions to impact the actual life quality of the richest men on earth, so you effectively have to assume they are just *that* ideologically committed to their personal wealth and the power it brings.https://twitter.com/NatStClair/status/1240293174762860544 …
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Vastauksena käyttäjälle @PetreRaleigh
So, while it is absolutely true that Bezos should step up, like most billionaires, he doesn't have his cash liquid. The largest portion of his wealth is in Amazon stock, which sure, he could sell - but the value it provides to him is control over Amazon itself.
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Vastauksena käyttäjille @BretDevereaux ja @PetreRaleigh
That stock is how he gets to continue to direct the course of the company he founded. He could liquefy his other assets of course (though it seems relevant to note that now is **not** the time, financially, to be doing that).
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Vastauksena käyttäjille @BretDevereaux ja @PetreRaleigh
Right now, the market is tanking because there are a lot of assets - including Bezos' assets - which have more sellers than buyers. If Bezos suddenly pulled his stakes out, that would in turn pull liquidity out from other businesses which need it...
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...in order to keep employing and paying workers during a time when revenues are falling. So, should Bezos step up? Hell yes. But we need to remember that his money isn't sitting in a vault, it's out in the economy, producing value. Some of it is going to be hard to pull back
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