I know a majority of Bezos’ and Musk’s net worths are stock ownership. But they obviously would want to make actual cash. So do they just sell a bit of their stocks every year? How do they gain their ownership back then, aren’t they just decreasing their ownership of company stocks? Would they just buy more stocks then? And if so, isn’t that an endless loop of nothing? Sell your stocks to get money, but then buy the stocks back for more ownership of the company?
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their actual cash needs are negligible. actually spending a billion dollars is quasi impossible.
they might own a few million dollar mansions, maybe a yacht or 2. Those things might be leveraged anyway, mortgages as we all would.
And yes, they sell small lots of stock to cover the payments. they receive new stock via grants, or corporate buybacks, so their ownership remains consistent.
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