alt Hacker NewsIs he going to login to etrade to market sell 100 mil of Amazon stock every year? 20% cap gains and then whatever additional tax the gross amount incurs? That will also lower the price.
I’m just saying this is kind of an absurd amount for a mediocre newspaper with ok reach.
Why not? 100m is two days of AMZN trading volume.
The idea that billionaires are not actually billionaires because they cannot possibly sell their shares is not real.