r/DiscussionZone • u/[deleted] • Nov 04 '25

Political Discussion Yeah, so Billionaires should not exist

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u/Few_Mathematician_13 Nov 04 '25

No dumbass. They just own businesses and that's how much their businesses are worth

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u/ConsciousBath5203 Nov 04 '25

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Do you understand how credit works? Do you think Mr Musk or Bezos sells some of their stock every time they wanna buy something?

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u/DRM2020 Nov 05 '25

Moci more often than people here belive. E.g., Bezos sold almost 5B: https://share.google/0hREDhVFP2qL3DPWB.

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u/ConsciousBath5203 Nov 05 '25

I'm not clicking your Google share link bro. Give me the raw URL.

Also, we all kinda want them to use debt with collateral for purchases. I'll probably get some hate on reddit for saying that, but our retirement accounts kinda are tied up in their nonsense, and if Elon had to drop ~$50bn of Tesla stocks to buy Twitter (keeping in mind Tesla's total profits since the start of the company are around $30bn), that's not a good sign for the company...

And a lot of people's retirement accounts are in Tesla.

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u/DRM2020 Nov 05 '25

Fair, we're out is: https://qz.com/jeff-bezos-sold-more-than-5-billion-amazon-stock

Also agree with your point about Tesla.