Quote:
Originally Posted by RummyBoy
Damn straight..... very few people get it. Their money has velocity and even if they do nothing, their money creates jobs and creates wealth even if its just sitting in a brokerage account or a bank account.
Well if his $10 Billion USD is in Apple stock then its as liquid as Apple stock and he can sell a bunch whenever he wants although privately there might be rules about how much and how often selling (not to send out a wrong message).
I just read this on BBC and I'm not sure if its accurate but interesting reading:
BBC News - Richest 1% to own more than rest of world, Oxfam says
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The smaller incomes spend more of their income and create more jobs per dollar.