Hacker News new | ask | show | jobs
by jeramyRR 2394 days ago
I don't believe Bill Gates has all this money on hand. He'd have to sell massive amounts of shares to actually hold his wealth. Wouldn't selling his shares to actually obtain that wealth damage the businesses for which the shares are for?
1 comments

No, there'd be buyers for his shares, at the market value determined by the performance and intrinsic value of Microsoft

The value of Microsoft has to do with the performance of its business, not the makeup of its investors

I meant more so in selling off large amounts of shares at one time.