this post was submitted on 25 Oct 2024
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Easy: He birthed himself into a rich family. Classical self made billionaire
But his parents weren't super rich billionaires, were they? No one had a hundred billion dollars before, he didnt get it all from his parents, where did he get it all?
The answer is hard work.
Not his own hard work, obviously, the the hard work of the workers he exploited
Totally agree. How does the hard work become his hundreds of billions?
amazon grows its revenue → amazon stock value increases → amazon share holder richer
Many companies also pay dividends directly to the share holder but iirc Amazon has preferred to reinvest in growth
The other user said it was exploited labor, what does that have to do with revenue and stock value?
Those are the vehicles that transfer the plunder.
How does that work?