StarstruckIllusion 53,580 Posted February 2, 2021 Author Share Posted February 2, 2021 1 minute ago, Economy said: Do u know if $141M was profits or just gross sales? And i wonder how much was her cut I don’t know, so that’s why I said revenue, but Gaga did the total opposite of cursing him Link to post Share on other sites More sharing options...
Economy 52,910 Posted February 2, 2021 Share Posted February 2, 2021 1 minute ago, Autumn said: so he's made his fortune now he's gone? glad to see he's done what so many have done, found a huge company, make billions then leave even the lightest, least difficult work for someone else to do whilst you're living a more than comfortable life in your mansion I wouldnt go as far as to say lightest least difficult work. Business executives work crazy amount of hours many weeks, often why they also dont have a life and always end up in divorce Also no need to hate that he leaves. At least it gives aj oppurtunity for someone LESS wealthy who the pay will actually make a difference to to climb up and take advantage of oppurntunity At this point im sure Jezz only stayed more as a hobby or sense of pride. His pay as CEO would make no difference to him whatsoever at this point Link to post Share on other sites More sharing options...
ToxicHot 6,444 Posted February 2, 2021 Share Posted February 2, 2021 I guess this is good news, for him? He has billions and billions of dollars. If I had that much money, I’d never work again! dOnT sAd ReAcT mE 2 bE sHaDy i WiLL RePoRt U!!1! Link to post Share on other sites More sharing options...
MessyTop 14,389 Posted February 2, 2021 Share Posted February 2, 2021 He didn’t quit. Lol Link to post Share on other sites More sharing options...
StarstruckIllusion 53,580 Posted February 2, 2021 Author Share Posted February 2, 2021 Andy Jassy’s google results 📈📈📈 bout to make $GME’s rise look like a blip Link to post Share on other sites More sharing options...
RudraCNG 15,510 Posted February 2, 2021 Share Posted February 2, 2021 Pay your taxes (and your employees) Link to post Share on other sites More sharing options...
Economy 52,910 Posted February 2, 2021 Share Posted February 2, 2021 Just now, weed said: What does this mean? How does Bezos' ownership/role change/his net worth, etc? It doesnt change his net worth at all. Ppl often mistake CEO as "the owner" of the company. Its a totally seperate thing although its not uncommon for the CEO to be the founder and largest shareholder as well but it doesnt have to be CEO is just the top position in running the company. It doesnt necessairily have to be the person who is the largest shareholder that has to have that position (although again it often is because often whoever started the company chooses to be CEO, if the founder is no longer alive, a large shareholder is also more likely to be appointed the position than someone who has little or no ownership of the company) Him steping down just means someone else will get the top position in running the company. But the shares he owns in the company is a seperate thing. He can keep them or sell them. He will loose the CEO pay but its such a fraction of his over all net worth that it makes no difference for him Link to post Share on other sites More sharing options...
StarstruckIllusion 53,580 Posted February 2, 2021 Author Share Posted February 2, 2021 “Andy embodies the culture of Amazon,” said Matt McIlwain, the managing director of Madrona Venture Group, a Seattle venture firm that invests in cloud start-ups. “He has consistently demonstrated the ability to be a builder." Don’t expect anything revolutionary, but hope Amazon workers get treated better Link to post Share on other sites More sharing options...
Guest Posted February 2, 2021 Share Posted February 2, 2021 Many step down as CEO, they remain the founder, the advisor, part of the making decision process without having to do various tasks on a daily basis that take so much energy. Bill Gates stepped down as CEO of microsoft as well, even the beauty brand entrepreneur Huda Kattan stepped down as CEO. It doesn't mean they wont get any income from the company at all, they're off to other things without being tied down to the job at the office, it's just a billionaire move tbh Link to post Share on other sites More sharing options...
HausOfAntonio 8,021 Posted February 2, 2021 Share Posted February 2, 2021 Good now dissolve your patrimony. Link to post Share on other sites More sharing options...
ShayCristoforo 10,607 Posted February 2, 2021 Share Posted February 2, 2021 Good idea. He probably got enough money to retire after a month of employment there lol. Get the pinot ready, because it's turtle time. Link to post Share on other sites More sharing options...
Economy 52,910 Posted February 2, 2021 Share Posted February 2, 2021 10 minutes ago, ShayCristoforo said: Good idea. He probably got enough money to retire after a month of employment there lol. I doubt that. The salary itself for CEO was like $81,000 a year (i dont know if he had bonuses tho he may have as many CEOs have comissiom bonuses when they outperform or reach targets) I guess he never bothered to adjust it since he was so rich from the company already and made no difference Link to post Share on other sites More sharing options...
Economy 52,910 Posted February 2, 2021 Share Posted February 2, 2021 16 minutes ago, KanyeWest said: Many step down as CEO, they remain the founder, the advisor, part of the making decision process without having to do various tasks on a daily basis that take so much energy. Bill Gates stepped down as CEO of microsoft as well, even the beauty brand entrepreneur Huda Kattan stepped down as CEO. It doesn't mean they wont get any income from the company at all, they're off to other things without being tied down to the job at the office, it's just a billionaire move tbh Ill be honest if i had a huge networth from a company i started and the pay as CEO no longer made any difference i too would retire tbh. Why keep killing yourself with work if u dont have to? Link to post Share on other sites More sharing options...
imnotyourbabe10 6,120 Posted February 2, 2021 Share Posted February 2, 2021 I'm sure he's still going to be super, ultra-wealthy -- but this is fun to see! C'mon GameStop and Redditors screwing with Wall Street! Link to post Share on other sites More sharing options...
Guest Posted February 2, 2021 Share Posted February 2, 2021 3 minutes ago, Economy said: Ill be honest if i had a huge networth from a company i started and the pay as CEO no longer made any difference i too would retire tbh. Why keep killing yourself with work if u dont have to? Exactly same Link to post Share on other sites More sharing options...
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