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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.