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This kind of 'news' is garbage because it doesn't consider market depth... Bezos can't liquidate all his shares at that peak price.
by yueq 9y ago
This kind of 'news' is garbage because it doesn't consider market depth... Bezos can't liquidate all his shares at that peak price.
- frozenport 9y agoBut Gates ain't getting richer.
- cocktailpeanuts 9y agoSame has been true for bill gates for a long time, so it's a fair game. I mean figuring out what's liquidatable or not for each individual is not really a feasible task anyway.
- markdown 9y agoIn Bezos' case it's more pronounced though... he is still personally responsible for Amazons high share value. Any sign of him selling would cause share values to plummet.
- gozur88 9y agoThe way it's normally done for those kinds of people is they take out a big loan secured by the stock, which is sold over time. So while it's technically true he can't liquidate all his shares, he can cash out if that's what he really wants to do.