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His wealth is mostly stock, right? In fact most of the billionaires have their weight in stocks. In a theoretical situation where Bezos goes to unload all of hi
by rospaya 6y ago
His wealth is mostly stock, right? In fact most of the billionaires have their weight in stocks. In a theoretical situation where Bezos goes to unload all of his stocks to end world hunger, who would be there to buy it? Would the stock devalue the moment he starts selling it? It's complicated.
- tomhoward 6y agoSpot on. This is the point most people seem to overlook/ignore/dismiss when they advocate taxing billionaires' capital to fund state programs.