billionaires: Query

Carrol Cox cbcox at ilstu.edu
Thu Jun 24 11:27:38 PDT 1999


Doug Henwood wrote:


> [Hust for the record... Only in America could the founder of a firm that
> has never made a profit be the 26th richest person in the world!]

<snip>


> 26. Bezos, Jeffrey, United States, 10.1, Amazon.com

A query. If Bezos wanted to realize his wealth (transform it, say, into other securities) how much of it could he realize without knocking its value way down? If he sells very many of thos shares quickly, wouldn't it knock the bottom out of the price?

Just curious. Same question for all those whose wealth is all or mostly in the shares of just one company. I imagine Bill Gates by this time has a few Billion "diversified."

Carrol



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