this post was submitted on 25 May 2025
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You're assuming they're saving at all.
A lot of billionaire wealth is tied up in assets that is only a "savings" if it's converted to cash, like stock options.
Amazon stock is $200 a share, Bezos has 908,804,311 shares. $181,760,862,200 in stock.
https://www.wallstreetzen.com/stocks/us/nasdaq/amzn/ownership
But that money doesn't go anywhere unless he sells it. Stock market is closed Monday for memorial day, but let's say he does nothing on Tuesday morning and decides to sleep in until 11:30 AM, shit, I WOULD. In that time the stock goes from $200 to $214.
Bezos "makes" $12,723,260,354 while sleeping.
When you have that many stock shares, the wealth is self perpetuating... but it's not "real" until you sell it.
What happens if he's sleeping and the price drops to $180 because of more stupid Trump shit. Now he's "lost" $18,176,086,220 overnight.
Thank you - well explained.
It's also interesting to think of the stocks that the various oligarchs and politicians control or own as a backdoor for institutional capture. You want Trump on your side and his administration making decisions that benefit you and your companies? Easy - just buy some of his BS stock and use it as leverage. You won't even have to push it - he'll do what you want because that's how his underdeveloped brain perceives existence - as a series of quid pro quo agreements.
Of course, it's not just stocks. He's created so many other avenues to bribe him. It's bonkers.