Shit like this is why it's retarded when the left talks about Jeff Bezos's wealth as if he has $185.8 billion in liquid cash. Stock ownership = theoretical wealth. If Jeff Bezos dumped all his stocks now, he wouldn't get $185.8 billion, the Amazon price would crash as there would be a major panic sell-off.
It looks like Jeff Bezos divested a bit in Amazon because he's likely looking to invest in something else. Unless he has plans on buying an island with that $3.1 billion.
Considering their stock price went from just below $1800 to over $3200 in the last year, guy would be a monster tard if he didn't sell some of it.
Guy owns multiple companies, some of them privately. Why wouldn't you sell the publicly traded stock to inject capital into your privately held businesses that double as passion projects.
If you think him selling 1.5% of his Amazon shares is 'decoupling'...
Shit like this is why it's retarded when the left talks about Jeff Bezos's wealth as if he has $185.8 billion in liquid cash. Stock ownership = theoretical wealth. If Jeff Bezos dumped all his stocks now, he wouldn't get $185.8 billion, the Amazon price would crash as there would be a major panic sell-off.
It looks like Jeff Bezos divested a bit in Amazon because he's likely looking to invest in something else. Unless he has plans on buying an island with that $3.1 billion.
I'd bet a big chunk of that $3.1 billion is going to Blue Origin.
Yeah the decoupling is a total meme, right.
Considering their stock price went from just below $1800 to over $3200 in the last year, guy would be a monster tard if he didn't sell some of it.
Guy owns multiple companies, some of them privately. Why wouldn't you sell the publicly traded stock to inject capital into your privately held businesses that double as passion projects.
If you think him selling 1.5% of his Amazon shares is 'decoupling'...
I will decouple your face with my fist, Soros!
I'm just waiting to cash in when he dies lol.