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Just because he has Amazon stocks of that value doesn't mean he can turn all of that into cash. Economics explained has a great video on the various types of bi

Just because he has Amazon stocks of that value doesn't mean he can turn all of that into cash. Economics explained has a great video on the various types of billionaires [1], which uses Jeff directly as an example of the lowest class of billionaire. [1]: https://www.youtube.com/watch?v=0MeRN7LE1LQ https://www.youtube.com/watch?v=0MeRN7LE1LQ

tomrod 6y ago
Just because the wealth isn't immediately liquid doesn't mean it can't be used. People borrow against illiquid wealth as a rule rather than as an exception. I don't think this argument holds water.
- dbuder 6y ago
  And he owns WaPo, he has cash.