How do tech billionaires make their wealth liquid?

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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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Anonymous 0 Comments

You sell enough stock to amass your fortune, and immediately diversify that into other investments that can more easily be liquidated (real estate, other stocks, etc.) without hurting their standing in the company.

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