• SCB@lemmy.world
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    1 year ago

    That’s not true at all. Bezos, for instance, is worth so much solely because Amazon is worth so much. It has nothing to do with his personal spending habits whatsoever.

    • biddy@feddit.nl
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      1 year ago

      Bezos is the CEO of Amazon, he can definitely take some of the credit/blame that it’s worth so much and that he has such a large stake. He could cash out at any point, but he chooses not to, aka hoarding.

      • SCB@lemmy.world
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        1 year ago

        … what exactly do you think would happen to Amazon’s stock value if Bezos cashed out?

        And how exactly is owning a company “hoarding”

        • biddy@feddit.nl
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          1 year ago

          It would drop a bit, depending on how he handled the PR. Anyway, then he could donate 99.99% of his wealth and still have far more than any of us will ever have in our lives. But he doesn’t, because he’s hoarding it.

          • SCB@lemmy.world
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            1 year ago

            Dude there’s nothing else to say but you literally do not know how wealth actually works