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I don't see how the wealth of one person, who's wealth is mainly shares in probably the most successful company in the US right now, indicates that we are in a
by superfrank 8y ago
I don't see how the wealth of one person, who's wealth is mainly shares in probably the most successful company in the US right now, indicates that we are in a bubble.
- NeutronStar 8y agoThe guy made 100k$ off of each of his workers while abusing them this year alone, it is fucking outrageous.
- ericd 8y agoHe didn't "make" it off them. This isn't from profit that he just didn't share with his workers, it's just the current market value of his stock holdings. Which means it's paper wealth. Which means there's no way he could turn any significant fraction of that into USD or any other form of value without obliterating the value.
- retzkek 8y agoThis is a really important point I think many people are missing: >96% of his wealth is tied up in AMZN stock. https://www.bloomberg.com/billionaires/profiles/jeffrey-p-bezos/ https://www.bloomberg.com/billionaires/profiles/jeffrey-p-be...