| ▲ | bandrami 3 hours ago | |
If you put all of the money Amazon as a whole has taken since it was founded in 1994 in a stack on the left, and all of the money Amazon as a whole has spent since then in a stack on the right, the stack on the left is slightly larger, but this has only been true for a couple of years now. It's the difference in 1990s billionaires and 2020s billionaires. Bill Gates was so rich because he owned a lot of Microsoft shares and received profits from those shares as dividends. Jeff Bezos is so rich because he owns a lot of Amazon shares and people keep being willing to pay more and more for those shares so his notional net worth increases (AMZN has never paid a dividend). | ||
| ▲ | 2 hours ago | parent | next [-] | |
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| ▲ | umanwizard 3 hours ago | parent | prev [-] | |
Can you share numbers? What are Amazon’s margins? | ||