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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They typically have an annual salary, Jeff Bezos makes like 65k annually that Amazon pays him, Elon is like 50k. Occasionally they’ll sell stocks for big purchases like Twitter or a big ass yacht. But they try to have as much invested in stocks as possible because the banks can only insure so much.
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