Jeff Bezos plans to give away the majority of his fortune

Gezzer

Posts: 316   +153
Regardless, that's still far more than any single person should have because it's damaging to the economy at large. The way you speak it sounds like you're portraying $500,000,000 as chump-change. What these billionaires do for liquidity is they get loans from banks and use their stock as collateral at a very low interest rate. They have no problems getting their hands on as much money as they want.
No, don't get me wrong, it's an enormous amount of wealth by anyone's standard. But the post I was replying to seemed to be under the impression that his billions could be easily given away to charity. That's simply not the case. Even his heirs or executor will find it difficult to quickly take his wealth and distribute it to charitable causes once he passes.
 

Avro Arrow

Posts: 3,312   +4,304
No, don't get me wrong, it's an enormous amount of wealth by anyone's standard. But the post I was replying to seemed to be under the impression that his billions could be easily given away to charity. That's simply not the case. Even his heirs or executor will find it difficult to quickly take his wealth and distribute it to charitable causes once he passes.
Well then, let's hope that Lex Luthor goes to an early grave! :laughing: