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by throwaway0a5e 1837 days ago
> Without some financial literacy, someone might interpret this that someone handed Jeff Bezos a 100B paycheck.

Which is exactly the reaction those kinds of headlines are fishing for.

A 100b check is very different than your already massive business booming more and making you richer because you own a huge share of it and that share is now worth more.

1 comments

> Which is exactly the reaction those kinds of headlines are fishing for.

Not sure I get your point. Do you want to imply that 100B in capital gains would be preferable over a 100B paycheck?

They seem to be suggesting it's better the money is earned through ownership. Which is funny as I'd lean the other way and say that beyond a point, allowing such large income through ownership and not actual work is a bad idea.

Note: Bezos and Musk, could ask for a hefty salary so they may work out to similar total income, unless someone else could run it cheaper and better. While hedge funds and inherited wealth that only own and don't contribute would receive less.