Jeff Bezos now worth $200 Billion, a record

[Lighter 15,376]

32 minutes ago, Bordeciel said:

Your reaction are ridiculous tbh

He doesn't have 200 bn on his bank account : this represent the value of its share in Amazon.

That just means Amazon stock is rising at a fast pace

As of 1:50 p.m. EDT on Wednesday, the Amazon founder and CEO is worth $204.6 billion

It’s in his bank account

[Lighter 15,376]

3 minutes ago, Economy said:

It's his net worth not pure cash holdings

 

A market crash could literally wipe out half his wealth in a day. Easy come easy go

 

If he lost 99% of his wealth he'd still be a multi billionaire 

Wait so net worth isn’t equals money in bank account

[Economy 50,072]

8 minutes ago, Lemonky said:

amount of ignorant socialists 

Being critical of a system that allows THIS much wealth gap I don't think makes someone an ignorant socialist

 

At the very least don't call people ignorant just because they don't agree with ur economic opinions. Or else ur just like the extreme left that does the exact same thing 

 

 

[Lord Temptation 11,209]

19 minutes ago, Lighter said:

Wait so net worth isn’t equals money in bank account

I believe “net worth” also includes multiple non-cash asset classes such as shares, options, precious metals, real estate holdings, foreign exchange, cryptocurrencies, artworks, yachts, private car collection and anything else that can conceivably be sold. 

[Lemonky 668]

1 minute ago, Economy said:

Being critical of a system that allows THIS much wealth gap I don't think makes someone an ignorant socialist

 

At the very least don't call people ignorant just because they don't agree with ur economic opinions. Or else ur just like the extreme left that does the exact same thing 

 

 

Where did I say something about criticism? I am talking about confusing terms and lies like he could end global poverty. I think spreading misinformation does more harm than good and leads to extremism

[homomo 23,883]

Ew at the people actually defending billionaires in this thread 

[Lucas 27,248]

51 minutes ago, thatfoxyfeeling said:

It's mad how much money he's worth even after his divorce AND a global pandemic, rich keep getting richer. 

The pandemic made him a lot richer actually as more people were ordering from Amazon in quarantine

[Lemonky 668]

Just now, Lucas said:

The pandemic made him a lot richer actually as more people were ordering from Amazon in quarantine

It's no surprise why big companies supported lockdown 

[sampool 5,560]

5 minutes ago, Economy said:

But this doggy dog world is hardly fair about it or how it distributes anything

 

There's plenty of people who work hard and never succeed. There's plenty of people without proper opportunity. There's lots of people who are very rich who got lucky (not Jeff's case but many just inherit it)

 

I hate the whole work hard argument as if this economy economy has some set formula that for X amount of effort u get an X amount of reward. It doesn't work like that. It's not proportional. People's incomes are not directly proportional to effort or how hard they work. So the system is not fair

That’s why I included “smarter”. And there’s ZERO logic behind a person being a billionaire (!) thanks to luck, unless they won a big lottery. Reaching such a milestone requires years and years of hard work, research, sleepless nights, pushing boundaries and thinking out of the box; this case is way more common than the one with being “lucky”. 
I understand it’s a tough world out there but it isn’t the rich responsibility to fund our education, living necessities or infrastructure, specially when we have a government that already tax us for those stuff. 
EVERY person money is their own and they’re free to spend it how they please, nobody is responsible for anybody else, donations and sponsorships should be a choice and not an obligation.

[Guest]

32 minutes ago, Sneaky Oliver said:

Can we get together and start a new country?  let’s save the world bitch 

I wish!!!!!!!! ugh

[Guest]

30 minutes ago, Lighter said:

Wait so net worth isn’t equals money in bank account

No your networth is what you own and how much it's worth. If you own a big house, stocks, yachts, buildings, companies etc you could be worth 100 billion but your bank account has 100 million but obviously if you were to sell what you have you'd earn 100 billion. There was Ryan Reynolds who sold his brand for 610 million if he didn't sell it, you'd say he's worth 610 million, let's say what he spends in a year is 5 million to keep up with everything (house, cars, yacht, business etc) you'd do 610 - 5 = 605 million networth

Your net worth is the amount by which your assets exceed your liabilities. In simple terms, net worth is the difference between what you own and what you owe.

The house I live in right now is worth 250k, if I had a car worth 5k, and then also bought a 20k studio, Id be worth 250k + 5k+ 20k not much but overall 300k while right now having 15k in my bank account.

[hankhatesyouall 2,731]

Gosh, I always open such threads just to laugh at socialists who don't even realize that he doesn't actually have this money in his bank account, and a major stock market crash like the one we saw in March could wipe out half of his wealth in weeks. 

 

 

[Red 98,169]

Tragic

[Jose P 23,341]

I would love to know how many of the people criticizing this have ever ordered something from Amazon 

[Diamond Heart 4,400]

Disgusting imo