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it's not like he has a bank balance of 171b. it's mostly his ownership in Amazon, which he isn't going to just sell away.
by legohead 6y ago
it's not like he has a bank balance of 171b. it's mostly his ownership in Amazon, which he isn't going to just sell away.
- wlll 6y agoNope, I figured that. He's still absurdly rich though.
- patall 6y agoWhile that is true, that is true for our entire society. Big projects are almost never started nowadays by selling somethings else (unless its a direct replacement). Instead, what usually happens is that you take a bank loan that is secured by assets, in this case his stock. Or to put it short: pretty much any bank would give Jeff a 10 bn loan that is tied to his stocks, its simply not true that there is any problem there.