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/biz/ - Business & Finance


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14976408 No.14976408 [Reply] [Original]

No one should have this much money.

>> No.14976416

wtf is at 165 billion now?!

>> No.14976417

>>14976408
just go take some from him bruh

>> No.14976424

>>14976408
House of Saud

>> No.14976430

>>14976408
He could create thousands of dynasties. Imagine having that power.

>> No.14976451

Envy is a terrible thing. It says, "no one should have that because I don't think I will ever be able to have it!"
What a selfish, greedy way to live.
Poor people are unironically the most greedy people on the planet.
Because they just want your money. They don't want to build to take the risks or put in the hard work required to build a financial empire.
They always have their hand in your pocket. Literally worse than the corporations they hate so much.

>> No.14976458
File: 100 KB, 1120x630, Waldman-MacKenzieBezos.jpg [View same] [iqdb] [saucenao] [google]
14976458

agreed

>> No.14976469

>>14976451
t. Steve

>> No.14976475

i wonder if hes a btc whale btw

>> No.14976478

>>14976408
He doesn't have that much money. How stupid are you?

>> No.14976493

>>14976469
That’s Jeff Bezos you autist

>>14976451
This is the post of a bootlicker who also makes minimum wage but “just knows one day he’ll be an millionaire!!”

>> No.14976557

>>14976493
There is only one sort of person that uses the word "bootlicker".

>> No.14976637

Maybe they should get some tax money from this goy.

>> No.14976701

He owns twitch. Could fuck any one of those camwhores any minute he wants.

>> No.14976826
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14976826

>>14976637
>goy

>> No.14976871

that's cute. he's almost as rich as the poorest rothschild.

>> No.14976930
File: 141 KB, 992x1856, 1385978656425.png [View same] [iqdb] [saucenao] [google]
14976930

>>14976557

Yes, non-npc enlightened people with actual qualia

>> No.14976942

>>14976408
Are you a communist?
Because that's exactly what a communist would say.

>> No.14976949

>>14976408
Why not?

>> No.14976953

>>14976408
I should.

>> No.14976962
File: 94 KB, 1024x768, 1563684938225m.jpg [View same] [iqdb] [saucenao] [google]
14976962

>>14976408
>Implying Bezos just has 165 billion laying around somewhere
>Implying the vast majority of his fortune isn't his ownership of Amazon that isn't even liquidated

>> No.14976965

>>14976408
now he's giving the cops a backdoor to RING doorbell cams. Combine with Alexa and He knows everything about our homes

>> No.14976980

>>14976965
To be fair only people with double digit IQs use an Amazon Echo.

>> No.14976989

>>14976980
Doesn't make it any less shitty, obviously.

>> No.14977002

>>14976942
More people than communists feel this way. Who gives a shit about communists in this country? Politicians give away favors for $ contributions and everyone thinks this form of capitalism is best? You idiots are too caught up in labels to help fix any problems.

>> No.14977034

>>14976451
There is a difference between being rich, and having 165.6 billion fucking dollars. No one should have that much money. I'm not even poor, I'm actually extremely well off. But this is fucking retarded.

>> No.14977057

>>14976930
I AM SILLY

>> No.14977065

>>14976408
Nobody should have a neckbeard, yet here we are.

>> No.14977087

>>14977034
See >>14976962
Don't be disingenuous.

>> No.14977099

>>14977002
>lots of people just want to be spoonfed by rich people
who knew?
>"communism has never been tried"
LOL

>> No.14977100

>>14976408
Subtract 40billion for his wife

>> No.14977104

>>14976942
If you live in America you're a communist too, you just don't understand the term so you can ignore it all around you. Your roads, libraries, schools, hospitals and many other things are socialist and they're mostly better because of it. The problem with these institutions is usually corporations twist and remove ideas from them to keep them competitive with their businesses. TurboTax doesn't want easy tax laws, so they pay politicians to create complicated laws. Banks don't want anyone learning about money outside of their training. They pay politicians to create hoops of regulations to jump through to start money services business. They sell things and favors to israel, saudi, russia, china at the expense of Americans. They mostly hate the government and most of the people who live here. Why would we elect them? Because they paid to advertise to us.

>> No.14977113

>>14976408
>No one should have this much money.

nobody has this much money.

>> No.14977130

>>14977034
I have more of a problem with how he did it. Never turned a profit until recently, Used massive debt line to crush competition, Paid workers sub-livable wages, worked them until they peed in diapers, this dude didn't build shit. Everyone else built amazon, he lucked into the credit line and had some good ideas

>> No.14977145

>>14976408
It's not like he's liquid for that much money you retard. And don't worry about his money, worry about your own. Fucking cuck jew boy faggot

>> No.14977150

>>14976451
its not envie, is just bullshit that amazon doesnt pay taxes

>> No.14977155

Imagine browsing this board and being unable to understand that owning 165B worth of a single stock makes you highly illiquid compared to a rich stock holder or a bank owner.

>> No.14977158

>>14976408
Net worth doesn't equal money you absolute fucking brainlet

>> No.14977183
File: 7 KB, 196x258, Capitalist Pepe.jpg [View same] [iqdb] [saucenao] [google]
14977183

so around 0.001% of the total supply LMAO we have hodlers with 5% of the total supply ez

>> No.14977193

>>14977099
Most rich people didn't earn their fortune. Trump's daddy gave it to him and he used bankruptcy and debt to elevate himself. It's all gilded shit, He hires illegal immigrants and then gets everyone upset about immigrants taking the housekeeper, gardener, and model jobs he handed out. He's so stupid that he's brilliant. He has old people thinking he's on their side and most of the country has always hated him but he did it. He bested us all. MAGA hats off to him for convincing poor whites that he'll work for them. Dumbfucks will probably vote for him twice but I was dumb enough to vote Obama twice and got burned so it might be GOP's turn to get fucked.

>> No.14977199

As someone who makes just over minimum wage I am super glad that large proportions of the world's wealth are secreted in offshore tax havens so that they cant be of benefit to anyone, because that's what individual responsibility and being tough and independent is all about.

>> No.14977200

>>14976408

could be anything you could buy for 100billions1?

>> No.14977208

Let's see how eager people will be building businesses if once you pass some point normies start reeeing and demand government to take it all from you.

>> No.14977220

>>14977199
No one cares what losers like you think

>> No.14977233

>10 years from now Jeff Bezos is worth 20 Trillon
>/biz/ still arguing that wealth inequality isn't real from their shack with DSL internet they pay $99 a month for

>> No.14977237

Commie faggots suck my balls

>> No.14977238

>>14976408
He doesn't have $165 bn. The 'market cap' of his assets are that much, but if he liquidated them as fast as he possibly could, he would not end up with $165bn.

>> No.14977260

>>14977155
everyone knows how stocks work. He still has too much wealth. He didn't build it by himself, it should be given to the tax payers who subsidize parts of business. It's not even that clever or great platform. It's always been ugly and cluttered. It's only now becoming profitable too. Had a monopoly for years but couldn't turn a profit? This guys is a welfare king of the highest degree. An online store? How would we live if Bezos never started amazon? Crap business with nothing added to society except fast shipping

>> No.14977263

>>14977233
>someone has more money than me
>that's a problem!
Wealth != Money. Amazon creates wealth and enriches whole planet by providing cheap services.

>> No.14977274

>>14976408
It's all in amazon stock. If he wants to keep his stake in the company, he has to have a high net worth.
Pretty sure it's not about money at this point. It's about controlling the company he built.

>> No.14977281

>>14977238
He loves printing amazon stock too. He won't pay dividends until Amazon is dying. He could turn amazon stock into other business easily though. Through mergers and buyouts

>> No.14977286

>>14977193
>Most rich people didn't earn their fortune
Anon, I...
https://www.cnbc.com/2019/05/10/wealthx-billionaire-census-majority-of-worlds-billionaires-self-made.html
https://www.fa-mag.com/news/most-millionaires-self-made--study-says-14565.html

>> No.14977287

>>14976930
wow that wageslave is silly

>> No.14977289
File: 368 KB, 1024x819, m4rc7L6.jpg [View same] [iqdb] [saucenao] [google]
14977289

>>14977263
>if jeff bezos had 99.99% of all the money on earth it wouldn't be a problem if he provided a lot cheap things

>> No.14977337

>>14977289
You're unironically retarded. Having MONEY inequality and wealthy society is better than having ZERO inequality and poor society.
There is no inequality in socialist regimes, but once it's set up, people start starving and getting sent to jail for telling political joke.
What you should care about, is how wealthy society is, not how equal is money distributed.

>> No.14977361

>>14976408
What's fucking amazing is that he broke $100 billion less than 2 years ago. He just keeps reinvesting everything.

>> No.14977362

>>14976408
he saved my favorite show The Expanse so I'm not gonna hate on him

>> No.14977365

>>14977337
>1 person having all the wealth is a good thing
>randomly bringing up socialism
>implying there aren't other alternatives or having less inequality might be an option

>> No.14977373

>>14976637
>goy
lol You don't even know who your enemy is, commie fag

>>14976701
Actually no. He's a sad fag. He follows one person on twitter, his ex wife, and she doesn't follow him back. XD

>> No.14977377

>>14977208
I certainly wouldn't start a business if I knew I would have diminishing returns after my personal wealth reached $100 billion. I mean, what's the point of even registering a business name if all the government allows you to have is a measly 100 bil.

>> No.14977391

>>14977365
Socialism is taking the practices that you talk about to the extreme. There is no moral way of reducing someone's wealth without theft.

>> No.14977402

>>14977391
>falling for the libertarian tax is theft meme

>> No.14977404

>>14977377
100bil is taken out of your ass and once such law is passed they'll go after 1bil and then 100mil.

>> No.14977418

>>14977402
>it's not theft when it's the government
O-ok

>> No.14977460

Stop being jealous of the most brilliant businessman to ever live. This guy is our only chance of putting a man on mars before the Chinese. I thought it was Musk but he doesn’t have the long term financing that Bezos has. You would rather the government seize his wealth and waste it.

>> No.14977468

ITS FUCKING EQUITY
ITS NOT HOW MUCH MONEY HE HAS IN THE BANK ACCOUNT
IF HE ACTUALLY LIQUIDATED THESE ASSETS INTO CASH HE WOULD IN PROCESS MAKE THEM ALMOST WORTHLESS

fuck people are STUPID

>> No.14977489

>>14977460
This. Bezos wants trillions of humans living in colonies throughout the solar system. I like his vision for the future.

>> No.14977613

>>14977233
This will never fucking happen

>> No.14977635

>>14977489
Literally no need for NASA. Imagine if Elon, Gates, Buffet, and Bezos teamed up to make space program? It won't happen, obviously, but it would be cool.

>> No.14977644

>>14977489
Space colonies are inevitable. The US government could have lead the way but tax payers for whatever reason would rather pay for poor people who aren’t even citizens to have 6 children instead of paying for space.
So now it’s a race between mega rich individuals and the Chinese government. And the Indian government is a contender as well, but they are good at just copying not leading.
People like op would rather prevent Bezos from leading the space race and handing the keys of space to the fucking Chinese government. It’s utterly retarded.

>> No.14977669

>>14977460
musk has the tech needed, the $ will come

>> No.14977680

>>14977644
China is in the lead because they're printing the money needed for space travel. We spend on dropping bombs and missiles. Look at the budget you dumbfuck

>> No.14977692
File: 25 KB, 600x584, pepe with shades.jpg [View same] [iqdb] [saucenao] [google]
14977692

>>14977635
We're heading towards
https://www.youtube.com/watch?v=NRI_8PUXx2A
and then
https://www.youtube.com/watch?v=3LucBfR1w6Y

The future actually has a chance of being sweet.

>> No.14977706

>>14976408
>He thinks fiat worth matters

>> No.14977707
File: 270 KB, 971x1302, lmfao.jpg [View same] [iqdb] [saucenao] [google]
14977707

>>14977468
This.

>> No.14977710

>>14977002
Yeah, it's not even capitalism

>> No.14977715

>>14976451
I agree, kek, rich people are the kindest, best type of friends you can have, because relationships between rich people are built upon preference for their companionship, not anything else, kek, for example, I don't need people in my life because I can do whatever I want whenever I want, therefore my friends are genuine, *deep kek* poor people rely on each other for emotional support and other things, they're not actually friends, they're more of a tribe that needs to band together to survive, kek

>> No.14977728

>>14977193
You voted for Obama, twice? I think it's your turn to kys

>> No.14977741

>>14977692
If the Chinese get to mars first it's probably gonna be the most disappointing thing ever. I hope they actually have a pair and just BTFO those chinks.

>> No.14977743

>>14976408
>this man is almost worth the entire BTC market cap

>> No.14977746

>>14977669
Musk doesn’t want to go public with SpaceX since he doesn’t want to deal with the added rules of a public company. And yes they sell some shit to the government and can be the early leaders of space tourism, but that is not enough money for Mars. You need Bezos level of wealth to get there.
>>14977680
I’m not going to list out everything our government wastes money on, the point is if tax payers wanted it, the US government could dominate the space race. But we don’t because we have the wrong priorities, such as transferinf money from productive members of society to non productive members.

>> No.14977778

>>14976430
>He could create thousands of dynasties. Imagine having that power.
It's not like he can withdraw all that money, retard>>14977034
>There is a difference between being rich, and having 165.6 billion fucking dollars. No one should have that much money. I'm not even poor, I'm actually extremely well off. But this is fucking retarded.
SEETHING

>> No.14977828

>>14977746
Imagine if Elon and Bezos worked together towards this dream. They'd achieve it within our life time. But unfortunately, one is a stingy rich egomaniac while the other also the same. except one is richer than the other, while the other has the better vision.

>> No.14977856

>>14976408
Fucking retards don't understand how monopoly money this figure is, on /biz. He's worth billions no doubt, but the figure shown is entirely a theoretical value based on projected earnings and growth.

>> No.14977888

>>14976408
A whiny faggot like you certainly shouldn't

>> No.14977930

>>14977828
Yeah it would be really cool.

I’m still extremely bullish on Mars from Bezos though. He founded Blue Origin in 2000. 19 years ago. He’s been thinking about space is whole life. He’s just less vocal about it then Musk. He’s only in his 50s. He has access to literally the best health care in the world, so he’s probably living for another 50 years. His time is completely consumed by running the worlds largest company. Once he steps down in 10 years or so and has liquidated a ton more stock, as well as potentially having dividend income coming in, he’s going to have so much fucking money pouring into Blue Origin and he can focus on running it full time. I think Mars is happening in our life time.

>> No.14977939

>>14977274
Most of the very wealthy are in this boat actually. You can differentiate between the "only in it for the money" investors from the "I want to control this capital for some bigger reason/goal" investors. Some of the latter are legit investors that want to stimulate the economy, however bezos is probs CIA related given Amazon's connections.

>> No.14977949

>>14977289
The problem is, good honest investors in it to stimulate the businesses or the economy are very very rare. The chain of morality does tend to conflict with the amoral investor's advantage financially.

>> No.14977955

>>14976408
Future me does since I went all in on TRV, also hyperinflation hit.

>> No.14977961

>>14977692
It's more like Ghost in the Shell, a multinational nightmare.

>> No.14977969

>>14977778
>SEETHING
my portfolio goes up and down every five minutes more than your entire networth. I'm ok.

>> No.14978000

He's literally got 0 dollars to his name. He's all asset rich, cash poor. He takes out low interest loans from banks like Goldman sachs at around 2-3% interest to finance his life.

>> No.14978013

>>14978000
Personal source I take it?
Surely he get's dividends or something..

>> No.14978037

Agreed, he needs to put it in a trust, like 5he people richer than him!

Also if he did his cunt of a wife would get basicky nothing.

>> No.14978059

>>14978013
He gets a salary from Amazon for being CEO obviously.

It's pretty standard practice for billionaries desu. For any large purchase they just take out loans and put up stock as collateral. Banks see it as free money, getting a 2-3% return, and Bezos and other billionares are happy that they don't have to sell stock that they think will appreciate more than 2-3% a year.

>> No.14978060

>>14978037
Arguably would have tax benefits too.
But at the cost of losing CIA power over Amazon.

>> No.14978070

>>14978059
I thought the salary was mainly insurance against legal action?

>> No.14978089

>>14977930
who gives a shit about Mars.
I want rich people to be stuck in this hellhole with the rest of us.

>> No.14978099

>>14977969
>my portfolio goes up and down every five minutes more than your entire networth.
Trust me, it's not.

>> No.14978113

>>14977130
>you didn't build that
oh? and you did i guess? why didnt you just invest your net worth early like everyone else?

>> No.14978151

>>14977193
yeah stupid us. im sure HRC had the common man in mind as they build their shawdow ISIS army and supported their invasion of europe. btw we're next. whether or not someone earned their fortune is completely irrelevant. their money is put to work and surely contribute more that a million low IQ fucks digging ditches.

>> No.14978186

>>14977613
and if it does the problem wont be some abstract wealthy elite that you've never heard of or wouldnt recognize (brb on the moon) but the zombie hoard laying seige to your fortified house for the third time in a month.

>> No.14978201

>>14977939
>Some of the latter are legit investors that want to stimulate the economy, however bezos is probs CIA related given Amazon's connections.
it's called surveillance capitalism.

>> No.14978245

Only poor people say “he shouldnt have this much” because you cant go out and make money yourself pajeet nigger