lol this would almost be worth $150 billion.

How liquid do you think he is?

I could use 10K.

Amazon is now worth nearly $900 billion, and Bezos owns around 16% of the company’s shares.

I don't think people fully understand the structural damage AMZN has done long term to retail and the future of B&M , Wall Street is to blame for a lot of this because its stock was allowed to trade at high multiples , while others were punished for not maintaining growth that amzn took from them (mostly due to obv less cost to not run a B&M and the thin margins amzn accepted in return for top line growth). In the end , I think this will hurt the everyday consumer more . So bezos while a genius , has done more harm than good . just not retail of course , most consumers go to amazon as first and last choice as they have eclipsed more than half of online purchases.

1. he could help fix the broken healthcare system in our country
2. compete against big cable and give affordable internet to everyone (his net worth is more than Comcast is worth if that 150 billion number is right)

What educational system led to you not understanding your 2nd paragraph has been debunked dozens of times?

solo synchronized swimming star Lebron James

It'd be cool if he helped his local city and did something about the Seattle homeless problem.

I remember reading it's about 10 billion.

When did Amazon actually become profitable?

How much is cloud how much is retail?

Does Amazon retail even make that much money compared to other businesses????

Haha, everyone was complaining about Walmart, now look.

If it wasn't Amazon, it would have been something else. With a few exceptions, B&M stores are incredibly inconvenient.

Yeah the downfall of brick and mortar retail for most goods is absolutely progress.

I went to the mall the other day and there were three Asian-style eateries in a row in the food court. I feel like that was just silly placement. They all gave out free samples, though, which was nice. Convinced me to give one of them my lunch business.

Jeff Bezos, much like Joe Flacco, is worth every penny

Heh my local dying megamall has 3 Chinese joints in its food court AND a sushi place (lol mall sushi)

It also features 3 empty spaces, plus one video game trading store between the pizza place and the Subway. It's the first time I can recall seeing something other than a food place inside a food court.

Macy's and Sears stand majestically empty.

I had one of those in Houston. The free sample was so good I got the noodles. First time that's ever happened.

He's just another pirate.

Only people with the weird idea that no sin of omission can be as bad as any sin of commission could possibly answer "no".

The slightly less clearcut question is whether people who have the power to take most of his money (without getting into big trouble) to help others, if he won't do it himself, have the moral responsibility to do it.

And of course the third question, only slightly less clearcut than the second one, is whether YOU have the moral responsibility to try to make sure that those with the power to achieve that, get replaced if they choose not to use that power.

The moral responsibility is to organise the world so that he* doesn't get to be worth $150bn in the first place.


*not him personally.

That is true as well. But it sounds like you might be saying that partially as a way to justify a disagreement with what I wrote.

Not my intention. Dont disagree with what you wrote apart possibly from some noise about democracy being necessary to make it moral.

Yes, a key political aim is to have a government that redistributes that wealth in some way. Yes we should replace the government if it doesn't

I got a profits.jpeg that does not parse that well.

As I understand it, retail AMZ did not make a profit till 2014.

It has obviously disrupted other businesses in a massive way, but that seems an easy thing to do if you are allowed massive capital outlay for years with no pressure to return a profit.

AMZ is still in retail terms, disrupting businesses that return much bigger $ out to $ in returns, because of what ultimately seems like perception leading to self fulfilling prophecy.

I just worry about that scene from James Bond, live and let die. Undercut all the drug dealers etc.

I am quote drunk, so point I am trying to make is not that well communicated.