[foobar_]

I think this is a false equivalency. How much of the wealth is convertible to cash ? I think its 1% at best ... so bezos is worth 100 million.

Every years budget for U.S is in trillions, so its pointless to go after wealth of private people.

Even if we were to take the wealth of the richest, do you expect the government to spend it, with all the bureaucracy ? Even if you hand wave all the cash ... malaria and hygiene are not going to fix themselves without feet on the ground.

[ac29]

According to last year's 14A [0], Jeff owns 16% of Amazon. I'm pretty sure there are a long list of people and/or institutions who would gladly pay far more than $100M in cash for that.

[0] (see page 41): https://www.sec.gov/Archives/edgar/data/1018724/000119312519...

[foobar_]

Yes but the government is sitting on "cash" not stocks and its 100 times more than Bozos.

[dntbnmpls]

> I think this is a false equivalency. How much of the wealth is convertible to cash ?

All of it? But why would anyone convert all their wealth into cash?

> I think its 1% at best ... so bezos is worth 100 million.

What? Even if he dumped all his shares on the market, he'd net a lot more than $100 million. Sure dumping the stock would push down the share price and he wouldn't net less than $100 billion, but why would he do that? Even if he did, he'd easily net tens of billions as there is ample support from $2300 to whatever level the price eventually drops to.

[foobar_]

> But why would anyone convert all their wealth into cash?

How would you setup a malaria fund of 10 billion, otherwise ?

[Someone]

You give it 10 billion worth of ‘stuff’ (or promise to do so over a number of years)

A charity fund of that size will invest its money, anyways, until it has found a way to spend it (well) on its cause, so you can just as well give it bonds, buildings, or shares.