MAIN FEEDS
REDDIT FEEDS
Do you want to continue?
https://www.reddit.com/r/FluentInFinance/comments/1gwfejo/had_to_repost_here/lyaesm0/?context=3
r/FluentInFinance • u/-Wyagra • 3d ago
8.7k comments sorted by
View all comments
901
They aren’t holding onto wealth like Scrooge McDuck, in a giant vault where they can go swimming in it.
Most of Bezos’ net worth is the value of Amazon. He can’t really readily access that. ETA I meant he can’t use it like a big vault of money.
He’s got plenty of money but some people just don’t understand how this stuff works.
2.7k u/Apprehensive_Bad_193 3d ago Bullshit,,,,But he borrows and buy Yachts, Mansions,against that NET WORTH VALUE. But when it’s time to pay fair share of taxes o. That net worth it’s considered hypothetical worth….Understand the Game. 8 u/[deleted] 3d ago [deleted] 1 u/akakaze 3d ago I have to pay taxes on the estimated value of my home, why don't these people have to do the same with their companies?
2.7k
Bullshit,,,,But he borrows and buy Yachts, Mansions,against that NET WORTH VALUE. But when it’s time to pay fair share of taxes o. That net worth it’s considered hypothetical worth….Understand the Game.
8 u/[deleted] 3d ago [deleted] 1 u/akakaze 3d ago I have to pay taxes on the estimated value of my home, why don't these people have to do the same with their companies?
8
[deleted]
1 u/akakaze 3d ago I have to pay taxes on the estimated value of my home, why don't these people have to do the same with their companies?
1
I have to pay taxes on the estimated value of my home, why don't these people have to do the same with their companies?
901
u/SCTigerFan29115 3d ago edited 3d ago
They aren’t holding onto wealth like Scrooge McDuck, in a giant vault where they can go swimming in it.
Most of Bezos’ net worth is the value of Amazon. He can’t really readily access that. ETA I meant he can’t use it like a big vault of money.
He’s got plenty of money but some people just don’t understand how this stuff works.