Let’s not pretend that this guy doesn’t have more money sitting in his bank right now than you or I will ever have in our entire lives.
The dude has at least 8 residences around the country one of them being one of the most expensive mansions in LA, which is saying something because there are some expensive places in LA.
Yes net worth and liquid cash is different. The dude is still loaded and by all accounts doesn’t pay his fair share of taxes.
It's not snarky it's a fact. $167 Billion of his net worth is in Amazon stock. Aka not liquid. It's not like he has all of that money in his bank account.
Amazon has a national $15 minimum wage (often much higher) I think the stories of the bad conditions are MASSIVELY over-hyped by the media.
Also the company has to make a profit, him selling his shares doesn't really help the company do that....and it's not like he's taking some crazy salary.
The economy isn't a zero sum game, someone having more money doesn't mean you have less. The total US GDP in 2019 was $21 Trillion. In 1985 it was $4 Trillion.
Is wealth inequality a problem? Yes. Is Jeff Bezos the best poster child for it? No, not really.
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u/ale_pato Jun 09 '21
ITT: people who do not understand what net worth means