Bezos pledged 40 billion (maybe 20, can’t remember) I believe in 2019.
To date he has actually donated less than $200 million of it IIRC to any climate-related funds.
It’s just a bold face lie, not even taking his own charity scams into account.
Edit: also side rant: I have gotten a lot of wallstreetbets armchair investors in the past saying “b-b-but muh liquid vs assets, he would crash amazon stock.”
Bezos has liquidated a minimum of $12 billion per year without even a slight blip in amazon stock. PLENTY to fulfil his pledge. People don’t understand the scale of sold shares. The stock market is completely speculative bs. If he liquidated every stock of amazon in a short time after an anouncement like this, investors would absolutely speculate that it would recover, the price would lower for a week or so while every hedge fund in existence rushes to buy every single stock that they have and voila, it would magically recover within a month and bozo would not be a complete lying scumbag. It would probably cause him to be audited though which is every bilionaire’s nightmare because they have all done such shady things and dodges so many taxes for so many years. At least if the IRS had any balls.
Bezos pledged 40 billion (maybe 20, can’t remember) I believe in 2019.
To date he has actually donated less than $200 million of it IIRC to any climate-related funds.
It’s just a bold face lie, not even taking his own charity scams into account.
Edit: also side rant: I have gotten a lot of wallstreetbets armchair investors in the past saying “b-b-but muh liquid vs assets, he would crash amazon stock.”
Bezos has liquidated a minimum of $12 billion per year without even a slight blip in amazon stock. PLENTY to fulfil his pledge. People don’t understand the scale of sold shares. The stock market is completely speculative bs. If he liquidated every stock of amazon in a short time after an anouncement like this, investors would absolutely speculate that it would recover, the price would lower for a week or so while every hedge fund in existence rushes to buy every single stock that they have and voila, it would magically recover within a month and bozo would not be a complete lying scumbag. It would probably cause him to be audited though which is every bilionaire’s nightmare because they have all done such shady things and dodges so many taxes for so many years. At least if the IRS had any balls.
FYI it’s “bald-faced” lie
Hey, don’t attack the man based on his follicles!
I’m just envious that he doesn’t have to shave. It’s really tedious.
This is totally correct, but the incorrect usage is so common now that “bold face” has become arguably accepted.
Originally it was “barefaced”, I believe.
True a long time ago it was, but if we want to disregard language evolution, then it is actually “bare-faced lie” lol
https://www.merriam-webster.com/grammar/is-that-lie-bald-faced-or-bold-faced-or-barefaced