| ▲ | inigyou a day ago | |
> 2. I hate the idea of wasting money on buying Jeff Bezos a bigger yacht Then you aren't using AWS. At least half of all the money you give to Amazon is yacht money. | ||
| ▲ | steve_adams_86 a day ago | parent | next [-] | |
Unfortunately not a choice at my organization | ||
| ▲ | robocat 11 hours ago | parent | prev [-] | |
> yacht money Huh? Apparently Amazon has never paid dividends, has done much less than 1% buybacks, even as CEO Bezos was getting less than an engineer in total comp (but did get loans or something). Apparently Bezos owns about 9% of common stock - no dual class shite. So your yacht spending sounds like a hallucination: if I'm missing something, please correct me. Amazon's weight: about 3.7–3.8% of the S&P 500. So he isn't even that overweighted (especially as the market doesn't like owners selling down - bad optics). Bezos has spent about 28 billion for Blue Origin by selling Amazon stock - not using shell games. He has comparitively spent a few percent of that amount on superyachts. | ||