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.
I've always wondered - Who would he sell the stocks to? Is it a peer-to-peer system or is there a kind of centralised bank involved that pays out and assumes ownership of the shares? Is the price definite or do they have to auction it off, meaning the value is more of a guideline?
there are stock liquidators who specialize in the process, you'd outsource it to distributed buyers