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Friday Night Jam: New From Bob Schneider - "Making It Up"

10
KGxvi4/27/2018 10:02:42 pm PDT

re: #1 teleskiguy

How is this even possible? Am I reading this correctly, that Jeff Bezos made $5 billion *in one day*???

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In fairness that money doesn’t really exist. If he tried to liquidate his stock the price would drop dramatically. And since Amazon is publicly traded, he’d have to report any major sell of and the reasons for it.

He can sell some off for purchases if he really wanted to. But mostly it just lets him borrow more