Jeff Bezos to give most of his money to charity
cnn.com
cnn.com
That cashflow has to come from somewhere.
His wealth is paper money. Paying them more would require giving up ownership of the company.
Revenue $469.822 billion (2021)
Operating income $24.879 billion (2021)
Net income $33.364 billion (2021)
Number of employees U.S.: 950,000 (June 2021)
(($33.364 billion (US dollars))/(950000 people))/(12 months)
$2927 per month per person (US dollars per month per person)
$96.22 per day per person (US dollars per day per person)
$673.5 per week per person (US dollars per week per person)
More recent example Patagonia, also given away to charity to benefit the world, in reality a charity on the paper designed to avoid inheritance tax.
He could easily do more good by embodying positive principles into his company. Care about climate change? Invent reusable shipping packages so you stop sending people trash every day. Switch your fleets to carbon zero fuels. Make your suppliers do the same. If you do they you force your competitors to catch up too. With Amazon leading he has a real chance to change the world in a way that will outlast him.
Milking the capital out at great cost to humans and the environment and then dumping it back over the top is a child’s attempt to do right.
Or worse yet merely the attempt to seem to be doing right.
Fine, or at least OK, but that seems to me the kind of thing that $100,000,000,000.00 isn't enough to move the needle on.
He'll probably have better luck by continuing to build vanity clocks and buy newspapers and sports teams.
The only question is whether we (proponents of gender-nonspecific and plural-nonspecific "they") will beat them (people who misspell "lose" as "loose" — remember, it only takes a simple majority[1] (and a bit of time for people to get used to it) to change the language(!)).
[1]: As we all are undoubtedly aware, the spelling "cancelled" was canceled via this mechanism, one or two decades ago.
Not really positive at all, just a PR stunt to dress up a tax dodge.
Stopping the most powerful country from seesawing between being controlled by full blown climate deniers to just road blocked by them is the single most impactful thing below could do, but he won’t because it may increase his taxes.