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There's the little issue of him having to liquidate his shares to put it into charity.
by throwaway328832 9y ago
There's the little issue of him having to liquidate his shares to put it into charity.
- ridgeguy 9y agoHe could transfer shares to charities of his choice. No liquidation required of Bezos.
- Paul-ish 9y agoUniversities, and I would guess charities as well, tend to liquidate their shares immediately to avoid conflicts of interest. Liquidating that many shares that fast would cause havoc in the markets.
- gpawl 9y agoThis is why foundations exist; to hold accumulated wealth. https://www.gatesfoundation.org/ https://www.gatesfoundation.org/ http://tsffoundation.org/ http://tsffoundation.org/ http://www.bezosfamilyfoundation.org/ http://www.bezosfamilyfoundation.org/ <- Jeff's parents, not Jeff
- rubicon33 9y agoThe Gate's foundation opening line: > "we are impatient optimists working to reduce inequity" Ironic considering that these foundations literally exist because of the consolidation of wealth and resources, aka, inequity. And if the global trend of further wealth consolidation is any indicator, they're not succeeding.